ASIC compliance: How internal audit can strengthen the corporate governance framework
A speech by John Price, Commissioner, Australian Securities and Investments Commission at the Internal Audit Financial Services Forum, Institute of Internal Auditors – Australia, 15 November 2012
Thank you for the introduction and the opportunity to speak here today.
It is my pleasure to be speaking to you about this important topic. What I would like to cover today is:
- some context – information about ASIC's strategic priorities and why ASIC focuses on 'gatekeepers'
- who gatekeepers are, why they are important to us and, critically, the role we see internal auditors playing in the regulation of gatekeepers
- some specific regulatory issues that are of interest to ASIC and that may be relevant to your role as internal auditors.