The Corporations Point-in-Time Service has been updated to include the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (Cth) (Act 10 of 2019) and the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Act 2019 (Cth) (Act 17 of 2019).
This Act creates a consolidated whistleblower protection regime for the corporate
and financial sectors, and introduces new protections for tax whistleblowers not available
under the existing laws.
An Act to amend the Corporations Act, ASIC Act, Credit Act and Insurance Contracts
Act to introduce a stronger penalty framework in response to a number of recommendations
from the ASIC Enforcement Review Taskforce report.
The Taskforce was established following a recommendation from the Financial System Inquiry. The Taskforce recommended strengthening penalties for corporate and financial sector misconduct, and simplifying the access to, and the operation of, a number of civil penalty and criminal offence provisions.
The amendments made by this Act aim to deter misconduct and improve community confidence in the corporate and financial sector. The amendments made by the Act:
The amendments made by these Acts have been updated in the Point-in-Time Corporations Service current to 24 March 2019. (NB: subscription required).
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