Menu Close

Articles on ASIC

Displaying 1 - 20 of 131 articles

Treasurer Josh Frydenberg with Australian Securities and Investments Commission chair James Shipton. His new powers are imperfect, but they will help. Peter Braig/AAP

Fines that’ll hurt. ASIC’s powerful, if ill-fitting, teeth

Suddenly, ASIC is about to have real power. It'll be easier to get prosecutions and they will hurt, even if the law remains less than completely clear.
ASIC boss James Shipton has signalled a shift to more vigorous enforcement and Treasurer Scott Morrison has bolstered the regulator’s funding to enable this. Luis Ascui/AAP

Embedding regulators in banks can help change cultures of wrongdoing, despite the risks

Putting regulators inside corporations isn't new, and the US experience highlights risks of regulatory capture, but the move could make a difference if ASIC is shifting to more robust enforcement.

Top contributors

More