InFocus February 2019 - Volume 28 Issue 1

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Contents

Was your New Year’s resolution to start a new business?

The new year is a great time to try new things, including starting a business. Setting up a new business can be exciting, but also challenging; business.gov.au has a ‘Starting a business’ guide that outlines what you need to do to prepare and how to plan for success.

As part of your business planning, you’ll need to decide how to structure your business. Business.gov.au has a ‘Help me decide’ tool to help work out the business structure that best suits your needs. The tool will ask you a few questions and provide more information on how to set up your business.

Once you’re ready to register a business, the best way to apply is through the Australian Government’s Business Registration Service.  The BRS combines several different business and tax registrations in one place, reducing red tape and making it even easier to start your business.

To find out more, visit https://register.business.gov.au/

Data.gov.au – Our datasets are now updated weekly

Our company, business name, authorised representative and financial adviser datasets are now published on data.gov.au on a weekly basis. This provides more up-to-date information for our customers to download, making it even more useful.

The datasets provide a snapshot of our registers at a point in time, including information from:

  • over 2.6 million companies
  • over 2.2 million business names, as well as
  • some of our professional registers, including financial advisers and SMSF auditors

Data.gov.au is a central source for all open government data from federal, state and local agencies in Australia. ASIC has been uploading datasets to data.gov.au since 2014, and currently has 12 datasets available.

Visit data.gov.au to find out more about the datasets from ASIC that are available to download.

InFocus – Privacy notice update

We have made some important updates to our Privacy Notice that may impact you. We would like to advise you that we use Campaign Monitor, our contracted service provider, to deliver our InFocus newsletter to you.  

Please refer to our website for full details of our Privacy Notice.

ASIC issues industry funding invoices

ASIC recently issued industry funding invoices to recover its FY 2017-18 regulatory costs.

Entities must pay their levy invoice by 15 March 2019.  Find out more about invoices and payment options here.

The Government’s industry funding arrangements for ASIC became law in 2017.  This is the first year of the new regime where ASIC will recover most of its regulatory costs from the regulated industries.

For more information about industry funding, visit our website.

Register for the ASIC Annual Forum now

Registrations for the 24th ASIC Annual Forum are now open. This year’s forum will explore how the financial services industry can focus on the end user, and how financial market participants can meet public expectations when dealing with ‘other people’s money’.

Program highlights include:

  • The future of financial services – global regulatory perspectives
  • The regulatory toolkit
  • Balancing consumer choice with consumer protection
  • Meet the Commission

To register for the Annual Forum, visit our website.

Last updated: 06/02/2019 11:00