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We put forward a way to govern ASIC better. The government said no

  • Written by Kevin Davis, Professor of Finance, University of Melbourne

The current governance/management crisis at the Australian Securities and Investments Commission, ASIC has seen a deputy chairman resign and the chairman step aside under a cloud.

It might have arisen simply because of lax internal accounting, compliance, and reporting procedures regarding payments (larger than those approved) benefiting the...

Read more: We put forward a way to govern ASIC better. The government said no

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