Observations
Aug 11, 2023Australian financial regulators — the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) — recently issued a consultative draft of the Financial Accountability Regime (FAR) to enhance responsibility and accountability within the financial services industry. In keeping with global trends, an emphasis on individual accountability is clear.
Compendium
May 15, 2022By any standard, ASIC had a turbulent 2020. As discussed in the previous edition of this report, the agency was accused of wrongdoing when it was uncovered that it had paid $180,000 to cover the cost of managing taxes for James Shipton, who was Chairman at the time, and rental fees for his deputy, Daniel Crennan. In both instances, the costs were related to their relocation to Sydney to take up their ASIC roles ... cont
Observations
Feb 07, 2022Observations
Dec 14, 2021
