Fines that'll hurt. ASIC's powerful, if ill-fitting, teeth
- Written by Elise Bant, Professor of Law, University of Melbourne
At last, our corporate watchdog has a strong set of teeth with which to fight crime and serious misconduct in the financial sector.
The Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Bill finally made it through parliament last week.
In cases of serious misconduct it will empower the Australian Securities and...
Read more: Fines that'll hurt. ASIC's powerful, if ill-fitting, teeth
