02/20/2019
    
    
    
      ASIC also determined that by recommending her accountancy practice - Saber Accountants - prepare the annual accounts and tax returns for SMSF clients, she had effectively recommended the services of a related party so as to earn extra revenue for herself.    
  
  
  
  
  
  
  
  
  
  
  
  
    
       02/19/2019
    
    
    
      Cayman Islands entities, when incorporated into a structure, can assist businesses compete for and service an international client     
  
  
    
       02/19/2019
    
    
    
      The SFC’s investigation revealed that between November 2014 and December 2015, Guosen had processed 10,000 third party deposits totalling approximately $5 billion for more than 3,500 clients.     
  
  
    
       02/18/2019
    
    
    
      The bill increases the maximum prison penalties ASIC can pursue to 15 years, for serious offences including breaches of director’s duties, false or misleading disclosure and dishonest conduct.     
  
  
    
       02/18/2019
    
    
    
      The risk here, of course, is that the big four audit firms now fail to fearlessly scrutinise the accounts and risks of the corporations that they audit