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← SBS News In Depth
INTERVIEW: ASIC tackles corporate misconduct, collects hundreds of millions of dollars in fines artwork

INTERVIEW: ASIC tackles corporate misconduct, collects hundreds of millions of dollars in fines

SBS News In Depth
03:59
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Show notes

The Australian Securities and Investments Commission says it has secured a record $830 million in civil penalties orders during the 2025-2026 Financial Year. It launched more than 250 investigations, which led to 25 criminal convictions and 11 individuals being sentenced to prison. Businesses subjected to major civil penalties include Union Standard International Group, HSBC Bank Australia, Westpac, Walker Stores and Mercer Super. SBS Reporter Stephanie Youssef has been speaking with ASIC Commissioner Alan Kirkland

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