How the Change May Impact Self-Reporting
The Australian government is raising fines associated with corporate wrongdoing. The changes will bring the country more in line with penalties levied by U.K. and U.S. regulators, but is it the right move?
with contributing authors Jenni Hill, Kirsten Scott and Lara Gotti
On April 20, 2018, Australia’s Minister for Revenue and Financial Services announced the government’s intention to increase maximum penalties under Australia’s Corporations law tenfold.
Corporations found to have committed criminal offences under the…
