ASIC Chairman Greg Medcraft will testify in person at the Senate Inquiry into ASIC. Contrary to inferences in the media today, this has always been the case.

‘This is an important inquiry on which ASIC has devoted substantial resources and made four major submissions. I can guarantee that I will be there to testify. Inquiries like this are all part of ASIC’s accountability to the Parliament, and that is something I take very seriously,’ Mr Medcraft said.