Corporate Australia's wake-up call from ASIC

ASIC's strongly worded warning that it will closely monitor company disclosures of market-sensitive information should keep companies in line and will have a long-lasting impact on the market's integrity.

Of perhaps greater significance than the Australian Securities and Investments Commission’s findings from its year-long review of how companies and their advisers handle confidential information is its undertaking to maintain a focus on market-sensitive information.

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