ASIC Tag

19 Nov Too many regulators could dilute our democratic control

James Paterson - The Australian Financial Review - Tuesday 19 November The corporations and financial services committee’s first oversight hearing of the Australian Securities and Investments Commission for the new Parliament in September generated some excited media commentary about a “new approach” to parliamentary scrutiny. Some commentators...

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13 Sep ASIC defends its Westpac appeal

Alex Druce - AAP - Friday 13 September ASIC listened to calls from distressed debtors and spoke with various consumer advocacy groups but Federal MPs have suggested the regulator still doesn't have enough evidence to justify its appeal of a responsible lending judgement. ASIC told MPs on...

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13 Sep Tension over ASIC court bid

Alex Druce - The Daily Telegraph - Friday 13 September THE corporate watchdog says it is acting in the interests of the “broader economy” in appealing the Federal Court’s decision to throw out a responsible lending lawsuit against Westpac.   But Federal MPs have questioned whether the regulator...

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