Enforcement
Episode 55: ASIC enforcement outcomes, January to June 2019
18 August 2019
In this episode with ASIC Deputy Chair Daniel Crennan QC, we explore ASIC’s Enforcement Update (January to June 2019), ASIC’s Office of Enforcement and work to strengthen ASIC’s enforcement effectiveness by accelerating court-based enforcement matters.
Episode 52: The regulatory toolkit
11 July 2019
In this episode with the Assistant Managing Director (Capital Markets) of the Monetary Authority of Singapore, Lee Boon Ngiap, we explore how regulators deploy their tools to detect, combat and deter misconduct in the financial system.
Episode 51: ASIC's case against former financial adviser James Gibbs
10 July 2019
On 10 July 2019, ASIC’s case against James Gibbs came to a close and he was sentenced to 10 years imprisonment, with a non-parole period of seven years to serve.
James Gibbs stole $4.88 million from his clients when he was acting as their financial adviser. His clients trusted him with their savings, with their money to be used for their retirements, and he devastatingly broke that trust by using that money for his own purposes.
In this episode, we hear from Dallas, one of Mr Gibbs' victims who helped build ASIC's case, as well as ASIC investigator, Chris Rowe.
Episode 50: Balancing consumer choice and protection
26 June 2019
In this interview with the Chair of the European Securities and Markets Authority Steven Maijoor, ASIC Commissioner Sean Hughes explores the balancing act between consumer choice, innovation and consumer protection and the use of product intervention powers by regulators around the world.
Episode 49: ASIC's case against hacker Steven Oakes
25 June 2019
A man sits outside an office building on his laptop. He keeps to himself and passers-by don’t really notice him. He has been outside this office building before, but he is not interested in going inside. Unknown to those around him, and the company operating inside the building, this man is inside their network, accessing confidential information and reading their emails. He’s after inside information.
Steven Oakes was sentenced on 25 June 2019 in the County Court at Melbourne to a total effective sentence of three years imprisonment, and ordered that he be released after serving 18 months of the term of imprisonment, on his own recognisance to be of good behaviour for 18 months, after pleading guilty to a total of 11 charges for insider trading, unauthorised access to data with the intention to commit a serious offence (insider trading) and the alteration of electronic devices required by ASIC.
In this episode, we hear from the investigators behind ASIC’s case - Peter Ridgley and Anthony Vardy.
Read ASIC’s media release (19-153MR) for more information.
Episode 46: ASIC enforcement outcomes, July to December 2018
9 April 2019
For more information on ASIC’s enforcement outcomes from July to December 2018, listen to Episode 46 of The ASIC Podcast with ASIC Commissioner Sean Hughes.
Episode 45: Product intervention powers and design and distribution obligations
8 April 2019
ASIC has welcomed the passage of key financial services reforms contained in the Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) legislation.
View ASIC media release (19-079MR) for more information.
Episode 44: Former financial adviser Gabriel Nakhl sentenced to 10 years imprisonment
26 March 2019
Mr Nakhl engaged in dishonest conduct and was found guilty in the District Court of New South Wales. The court set Mr Nakhl a non-parole period of 6 years.
View ASIC media release (19-055MR) for more information
Episode 29: ASIC’s Annual Report
26 October 2017
Former ASIC Chairman Greg Medcraft joins the podcast to discuss ASIC's Annual Report for 2016-17.
ASIC and whistleblowers
17 May 2016
Warren Day, Senior Executive Leader, Assessment and Intelligence talks about ASIC's role in relation to whistleblowers.
Commissioner Cathie Armour on ASIC’s insider trading work
2 May 2016
ASIC Commissioner Cathie Armour discusses ASIC's work in insider trading matters. Topics discussed include the damage done by insider trading, ASIC's surveillance and enforcement strategies and other related key areas of interest.
Listen now or download later - Commissioner Cathie Armour on ASIC’s insider trading work
Commissioner Greg Tanzer on ASIC’s latest enforcement report
29 March 2016
Commissioner Greg Tanzer speaks about ASIC's enforcement report for July-December 2015.
He covers:
- the key statistics from the report
- major outcomes that support ASIC's priorities
- ASIC's ongoing areas of focus
- and much more.
Listen now or download later - Commissioner Greg Tanzer on ASIC’s latest enforcement report
Financial services enforcement
19 November 2015
Listen now - financial services enforcement
ASIC's latest enforcement results
15 December 2014
ASIC Commissioner Greg Tanzer summarises some of ASIC's recent enforcement results.
Tip-offs, information of concern and reports of misconduct
22 September 2013
Warren Day, Senior Executive Leader, Stakeholder Services and Victorian Regional Commissioner, talks about ASIC's approach to handling complaints, tip-offs and reports of misconduct.
This is the introduction to a series of video clip versions of ASIC information sheets covering a range of topics that commonly get raised with ASIC.
A lender of last resort
7 April 2014
ASIC's Warren Day responds to the Four Corners story that aired on 7 April 2014 'A Lender of Last Resort'
