ASIC’s Annual Report Puts Enforcement And Refunds In Focus
By Rick Steves
AI summary of the source article
ASIC secured court orders for A$830 million in civil penalties and facilitated over A$580 million in repayments and refunds during its 2025-26 financial year.
Why it matters
ASIC Chair Sarah Court said the focus was on addressing misconduct and delivering outcomes for consumers, investors and markets.
Key facts
- ASIC reported A$830 million in civil penalties, 260 formal investigations, and over A$580 million in consumer and investor repayments and refunds.
- A record A$300.2 million penalty was ordered against Union Standard International Group and two former corporate authorised representatives regarding contracts for difference.
- The regulator removed more than 19,400 investment scam and phishing websites and related social media advertisements.
Source excerpt · FinanceFeeds
Australia’s corporate regulator says it secured court orders for A$830 million in civil penalties and helped secure more than A$580 million in consumer and investor repayments and refunds during its 2025-26 financial year. The annual report summary from ASIC also records 260 formal investigations, 32 civil proceedings involving 65 defendants and 1,012 surveillances. The figures span enforcement, r…