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Personal Liability & Accountability

There is continued momentum emphasizing individual accountability and personal liability for senior managers.

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ASIC Suspends Greensill Auditor for Two Years

by Starling Insights

Observations

Dec 18, 2024

The Australian Securities and Investments Commission (ASIC) has suspended auditor Joseph Santangelo, a partner at Nexia Australia, for two years over his audit work for Greensill Capital from 2018 to 2019. Greensill, a supply chain financing group, collapsed in March 2021.

The 2024 Compendium is available June 11th!

Now in its 7th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

ANZ Fires Traders for Misconduct

by Starling Insights

Observations

Aug 05, 2024

Last month, ANZ fired and suspended traders amid allegations of misconduct. While the bank gave few details regarding the disciplinary actions, they followed investigations into the behavior and culture in its markets division.