It’s time to scrap AsicBy Andy Schmulow
November 6, 2023
A couple of days ago I was called to give testimony before the Australian Federal Senate, for its inquiry into whether the Australian Securities and Investments Commission (Asic) is fit for purpose. This is the fifth inquiry in nine years.
Asic, which is analogous to the UK’s Financial ...
January 5, 2023
On November 1, 2022, the Australian Prudential Regulation Authority published an open letter to deposit-taking institutions, general insurers and life companies, concerning expectations on capital calls for Additional Tier 1...Read more