ASIC records $87 million impairment as it wears fines unlikely to be recovered
Despite a record enforcement year, ASIC has been forced to accept there are some penalties it won’t ever see.
The Australian Securities and Investments Commission (ASIC) has accepted it will likely have to wear almost $90 million in unpaid fines, recognising a one-off impairment in long overdue penalties.
Internal data, released to Capital Brief under freedom of information laws, show the corporate regulator raised an impairment of $87.47 million as part of its financial accounting.
The figure, it notes, was the culmination of fines it assessed as unlikely to be recovered “due to individuals filing for bankruptcy and/or entities entering into external administration”.
The impairment appears to have been made around the middle of last year, settling multiples years’ worth of overdue fines, with the FOI data showing all remaining penalties still outstanding were registered in August 2025 or later.
