ASIC has been advised by the Commonwealth Director of Public Prosecutions that it has considered all matters referred by ASIC and determined that there was no reasonable prospect of a conviction for any further criminal charges to be commenced. Accordingly, ASIC has closed its investigation into the collapse of ABC Learning Centres Ltd (ABC).

Background

[This media release was amended on 23 June 2023 in accordance with ASIC policy - see INFO 152 Public comment on ASIC's regulatory activities.]