Privilege ruling in Noumi case could hamper ASIC investigations, regulator says

Appeals 2024-05-30 2:47 pm By Cindy Cameronne | Sydney

ASIC has argued a recent ruling that found Noumi waived privilege over a PwC report by providing it to the regulator could dissuade people from voluntarily disclosing information during investigations and cause a “loss of public benefit” if allowed to stand.