From financialnewswire.com.au: The Australian Securities and Investments Commission has confirmed that it provided information to CPA Australia and Chartered Accountants ANZ to allow them to investigate and discipline their accountant members.

This action helps ASIC address concerns regarding individuals not under its jurisdiction but who may still exhibit questionable conduct.

According to ASIC, the sharing of this information is governed by the ASIC Act, with protocols in place to handle the use and disclosure of the data obtained by the accounting bodies.