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A culture of leniency. Exposing wrongdoing or protecting wrongdoers?
Michael West· 2025-10-07 07:53
Corporate regulator ASIC lets crooked bankers walk free, and the notional anti-corruption commission (NACC) ignores Robodebt. Paul Begley on our culture of leniency.During September 2025, officers of the Australian Securities and Investment Commission (ASIC) appeared before the Parliamentary Joint Committee on Corporations and Financial Services. The subject matter primarily focused on a penalty of $240 million imposed on the ANZ Bank for a series of contraventions, including market manipulation and unconsc ...