The Economy, Stupid cover image

Should ASIC be split to ensure better corporate regulation?

The Economy, Stupid

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ASIC's Inadequate Response to Corporate Crime

This chapter critiques ASIC's failure to effectively address complaints and prosecute serious white-collar crimes, revealing that only 0.3% of complaints lead to action. It highlights the challenge of prolonged investigations and regulatory inefficiencies that allow corporate misconduct to persist with minimal consequences.

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