Enhancing our tip-off process

We recently enhanced our tip-off process to more effectively collect data and intelligence to identify misconduct and harm to the insolvency system. Where it has been determined that a tip-off relates to a bankrupt estate or a debt agreement administered by a private practitioner, we will forward the tip-off to the practitioner and request updates on any outcome from the investigation. The information provided is important to AFSA and can be used to identify trends, emerging issues and potential harms at the system level or repeated rogue conduct of individuals. 

We will use this intelligence to prevent and deter misconduct, improve standards and behaviours within our regulated population, and reduce the risk of harm to the personal insolvency system.

If you have any questions, please email compliance [at] afsa.gov.au