Summary
- The Australian Securities and Investments Commission (ASIC) has released Report 842, focusing on financial reporting and audits for managed investment schemes.
- Published on 29 October 2026, this report follows ASIC's earlier findings on superannuation funds in Report 841.
- The oversight period covered in REP 842 spans from 1 July 2025 to 30 June 2026.
- This increased scrutiny may lead to significant changes in compliance and reporting standards for managed investment schemes moving forward.
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