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Australian Senator Calls for Regulatory System Review

by Starling Insights


Mar 19, 2024

Australian Senator Andrew Bragg recently criticized the current regulatory framework for the financial sector in Australia. In particular, he pointed to failures in the country's twin peaks model of two independent regulators focused on market conduct and supervision, represented by the Australian Securities & Investments Commission (ASIC), and financial system stability, through the Australian Prudential Regulation Authority (APRA).

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Australia's ASIC to Face Senate Inquiry

by Starling Insights


Nov 09, 2022

The Australian Senate recently voted to launch a two-year inquiry into the Australian Securities and Investments Commission (ASIC) and its handling of complaints from the public and whistleblowers.