Articles on Greg Medcraft

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There is evidence Australia’s bank bill swap rate was manipulated: so what now for regulators? AAP/Dan Peled

Years on, ASIC still grappling with swap rate fixing scandal

The wheels of justice grind exceedingly slow and nowhere slower than in the Sydney headquarters of the Australian Securities and Investments Commission (ASIC). A recent report appears to show that ASIC…
The performance of ASIC in regulating financial fraud remains under question, despite Chairman Greg Medcraft’s recanted statement that Australia is a “paradise” for white-collar criminals. Britta Campion/AAP

Do the crime, do the time? Not if you’re a banker in Australia

Recently, the head of the Australian Securities and Investments Commission, Greg Medcraft, called Australia a “paradise” for white-collar criminals. Soon after he recanted, claiming he didn’t want the…
Screen shot at PM.

Infographic: insider trading in Australia

The typical insider trader is male, aged between 30 and 49, and holds a company director position, according to a new study from researchers at the University of Melbourne. The study analysed all insider…
A suggestion from ASIC chief Greg Medcraft that investors should be tested on their knowledge of risky investments acknowledges standard product disclosure statements tend to be ignored. AAP

Testing investor mettle and consumer protection

It seems that ASIC’s Christmas present to investors is to get them to undertake an exam to see if they really know what is in the product disclosure statements that they agree to. Well, not exactly, but…

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