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.
Please see full publication below for more information.