The Economy, Stupid cover image

Should ASIC be split to ensure better corporate regulation?

The Economy, Stupid

CHAPTER

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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