A speech by ASIC Commissioner John Price, delivered at the Insolvency Practitioners Association of Australia (IPA) NSW Conference, 16 October 2013
Introduction
Thank you for inviting me to speak today.
As you know, the Insolvency Practitioners Association of Australia (IPA) represents a key stakeholder group for ASIC.
We work closely together to bring guidance and education to registered liquidators and do our best to ensure that the industry sets and maintains high standards.
We’ve made significant progress in recent years, and while there is much to be done, I know the IPA will continue to work with ASIC to improve standards and deliver better outcomes for all parties involved in external administrations.
Ladies and gentlemen, today I want to revisit some issues raised by ASIC’s Chairman, Greg Medcraft, at the IPA’s national conference in May this year and update you on recent ASIC activity. I will also give my thoughts on ‘what matters’ to ASIC, the profession and the wider insolvency market. I would like to leave a little time at the end for questions.