Australian Securities and Investments Commission
Any Documents Held By ASIC On Fines It Has Issued That Remain Unpaid. To Narrow This Search, I Seek Asic's Latest Aggregate Estimate Of The Total $ Of Unpaid Fines, Any Descriptive Details Of Who…
Show full title
Any Documents Held By ASIC On Fines It Has Issued That Remain Unpaid. To Narrow This Search, I Seek Asic's Latest Aggregate Estimate Of The Total $ Of Unpaid Fines, Any Descriptive Details Of Who The Money Is Owed By And What The Fines Were Issued For. I Also Seek The Most Up To Date Information On Unpaid Fines That ASIC Has Written Off As Unrecoverable
Summary
AI-generatedWritten by Claude Haiku 4.5 from the extracted text on 10 Jul 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.
ASIC disclosed a table of 12 defendants with outstanding pecuniary penalties as of 31 May 2026, including major entities such as Westpac Banking Corporation, Terracom Limited, and multiple smaller financial services firms and individuals. The table references ASIC media releases documenting enforcement actions issued between August 2025 and May 2026. Separately, ASIC reported raising an impairment allowance of $87.469 million under Australian Accounting Standards, reflecting penalties assessed as having reduced recoverability prospects due to defendants entering bankruptcy or external administration. The disclosure does not provide specific penalty amounts per defendant or detailed descriptions of underlying misconduct, directing requesters to referenced media releases for substantive enforcement details.
Document text
1,243 characters extracted from 1 page
The document text opens on its own page.