4. Discuss the ethical implications of finding that awork colleague has been accessing some of your files that they should not have had access to. 5. Explain the role of the Australian Securities 9 Investments Commission (ASIC) and the legislation that determines its authority and scope? 9. Identify the three pieces of legislation that ASIC is responsible for administering. Explain the purpose of each Act. T. According to the Corporations Act 2991. what are company directors' four main duties? Briey expiain each. 8. Identify and explain three key features of A New Tax System (SST) Act 1999 9. Explain the effect that the Common Reporting Standard for the Automatic Exchange of Finan ci Account Information have on foreign tax residents in Australia, and on Australians earning money in other countries. 19. Describe the Globai Reporting Initiative {CHI}