ASIC explained: Who is the corporate watchdog, what does it do and why should Australians care?
A speech by Greg Medcraft, Chairman, Australian Securities and Investments Commission to the National Press Club of Australia, 3 December 2014
Ladies and gentlemen, as you know, the Financial System Inquiry final report was provided to Government last Friday. I do not want my remarks to be a discussion about that very significant piece of work.
What I want do to is give you a better idea of ASIC, by discussing three things:
- ASIC’s role and why we matter to Australians
- our challenges to ensuring that investors have trust and confidence in our markets, and
- how we respond to those challenges – both now and in the future.