How does ASIC deal with misconduct reports?

ASIC has released information about its approach to handling tip-offs, complaints, information of concern and reports of misconduct, to assist the public.

Each year, ASIC receives over 20,000 reports of misconduct from liquidators, auditors, financial service providers and the general public which are all received, acknowledged, analysed, assessed and recorded by ASIC’s national Misconduct and Breach Reporting Team.

While all information received by ASIC is recorded and assessed, not every matter referred for further consideration will result in an investigation.

Brochure: How ASIC deals with reports of misconduct
Reporting misconduct online material

ASIC weighs every report of misconduct against four key questions:
What is the extent of harm or loss?
What are the benefits of pursuing the misconduct?
How do other issues, like the type and seriousness of the misconduct and the evidence available, affect the matter?
Is there an alternative course of action?

ASIC has released five information sheets covering:

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