7. Update on the ATO and ASIC MOU and related negotiations

Brett Bassett (ASIC) confirmed that the Memorandum of Understanding (MOU) has been signed by ASIC and is working well as an overarching framework for co-operation between both agencies. Brett noted the fundamental basis for the exchange of information between the agencies was for the ATO to lodge a notice with ASIC. The MOU could provide a possible model for use by other agencies, if necessary.

    Last modified: 03 Sep 2013QC 36900