By Digifin Pty Ltd · About this coverage
Key Points
- ASIC concluded its share trading investigation in respect of Richard White and two other current employees
- No-action letters confirm ASIC will not take enforcement action against those three individuals
- ASIC concluded a governance investigation that commenced in late 2024, with a no-action letter to the company
- An ASIC investigation is ongoing in respect of another individual who is not a WiseTech employee
About WiseTech (ASX:WTC)
WiseTech Global Limited is an ASX-listed software company headquartered in Sydney. Its principal product, CargoWise, is a cloud-based platform that freight forwarders, customs brokers and other logistics providers use to run customs clearance, freight bookings, warehousing and transport operations, licensed on a subscription and usage basis. The company reports its results in U.S. dollars.
WiseTech (ASX:WTC) Global announced that ASIC has concluded two investigations relating to the company and issued no-action letters, ending the prospect of enforcement action in those matters against the company, Richard White and two employees.
ASIC concluded its investigation into alleged trading in WiseTech shares, the subject of a company announcement on 28 October 2025, in respect of Richard White and two other current WiseTech employees. The no-action letters confirm that ASIC will not take any enforcement action against them. ASIC also concluded a governance investigation that commenced in late 2024 and issued the company a no-action letter confirming that it does not intend to take any enforcement action in respect of that investigation.
ASIC has indicated that an investigation is ongoing in respect of another individual who is not an employee of the company. The release does not name that individual, describe the conduct examined in either investigation, or state any financial impact on the company.
Source: WiseTech Global Limited (ASX:WTC), 15 October 2026. Summary content supplied by Digifin Pty Ltd.
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