ASIC Review of Corporate Finance: Priorities in the First Half of 2018
The Australian Securities and Investments Commission ("ASIC") recently released the "ASIC regulation of corporate finance: January to June 2018" report that demonstrates ASIC's increased preparedness to take action on takeover bids and capital raisings--including through the use of formal orders, participation in Takeovers Panel proceedings and, in two cases involving bids, criminal prosecution.
This Jones Day White Paper examines the highlights of this report.
