Outline of ASIC’s approach to corporate culture
A speech by John Price, Commissioner, Australian Securities and Investments Commission at the AICD Directors’ Forum: Regulators’ Insights on Risk Culture (Sydney, Australia), 19 July 2017
Thank you for inviting me to speak at this Corporate Culture event tonight.
It is good to have this opportunity to speak, together with the Australian Prudential Regulation Authority (APRA), about why culture matters. ASIC sees the influence of culture in the entities we regulate every day, and culture can drive either good or bad conduct within an organisation.