AFSA has recently developed a formal process to receive and investigate “tip-offs”, which will be handled by the Regulation and Enforcement team within AFSA.
A “tip-off” is a piece of information, whether or not given discreetly or confidentially, that is important in AFSA’s role in administering the personal insolvency system and the operation of the PPSR.
Tip-offs can be made anonymously if you do not wish to provide your name and contact details. An online form to submit tip-offs has been developed. See the new section regarding tip-offs on AFSA’s website.
Separately, ASIC has published a new Information Sheet (INFO 208) which explains who to contact if you are concerned that a company, company directors or other company officers may have breached a law that ASIC does not enforce. See ASIC’s website.
June 2016