ASIC has released its second submission to the 2014 Financial System Inquiry (Murray Inquiry).
The submission includes discussion on:
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disclosure and alternative regulatory tools
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improving the quality of financial advice
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consumer loss and compensation
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the role of the regulator
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penalties
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systemic stability
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market financing, and
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international regulatory integration.
Download ASIC’s second submission to the 2014 Financial System Inquiry (PDF 997 KB)