Level 21, 400 George Street
Brisbane, QLD, 4000
One of the outcomes of the recent Banking Royal Commission is ASIC’s commitment to adopt the Commission’s recommendation that ASIC strengthen its approach to enforcement.
ASIC has indicated that the cornerstone of its new enforcement policy is the question: why not litigate? – representing a clear shift from previous policy.
The ASIC commitment to court-based enforcement has been reinforced by a corresponding commitment from the Federal Government to increase funding for enforcement action.
With community and political expectations also supporting a stronger approach from ASIC, there is a high likelihood that ASIC will use their powers to a greater extent in the future.
In this session, Cooper Grace Ward partner, Rocco Russo, one of Brisbane’s highly rated litigators, will lead a discussion on:
- ASIC’s recent statements about how it will approach enforcement
- case examples where ASIC has decided to litigate
- practical observations for corporate counsel advising stakeholders on the new regulatory landscape.
We hope you will join us for this topical session, an essential for corporate counsel.