You’ve discovered something that might be a significant breach. Should you report it? Or wait until you fix it? What information do you need to provide?

Maybe ASIC has knocked on your door. Or asked you to provide information about your business. Have they sent you documents you are nervous about? Will ASIC investigate you? How bad is it? What else should you be looking for? Will they cancel your licence? Will they shut you down?

Take a deep breath. Don’t panic!


  • Breach Notifications
  • ASIC Production Notices
  • Negotiating Licence Conditions and Enforceable Undertakings
  • Defending ASIC proceedings
  • Appointed as Compliance Consultant
  • ASIC Experts Reports


The Fold's frank take on issues affecting the financial services industry.

The Fold Legal is delighted to announce effective 1 July 2022, Julie Hartley will be promoted to Senior Associate.

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It’s been six months since Australian Credit Licensees were introduced to the wonderful world of mandatory breach reporting. Has this additional layer of regulatory reporting resulted in increased consumer confidence in the industry or merely more paperwork?

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The Fold Legal is delighted to announce effective 1 July 2022, Michele Levine will be promoted to Partner.

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