Director Residential Addresses Removed from ASIC Extracts: Privacy Reform and Commercial Consequences

Andrew Blundell of Cathro & Partners explains that recent reforms removing directors’ residential addresses from public Australian Securities and Investments Commission company extracts, implemented as part of registry modernisation linked to Director Identification Number reforms, aim to enhance privacy but reduce a longstanding due diligence tool relied on by credit professionals, insolvency practitioners and advisers for identity verification, fraud detection and enforcement strategy.

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