ASIC is under pressure to take every significant case to court. But that would delay justice and break its budget.
To protect financially vulnerable Australians we need to improve financial resilience skills and ensure payday lending regulations are both strong and enforced, write Kristy Muir, Fanny Salignac and Rebecca Reeve.
Financial system regulation places far too much faith in self-proclaimed fairness and in systems that have not been properly tested, writes Justin O'Brien.
As Wall Street records a marked resurgence in derivative trading in recent months, efforts to reduce systemic risk in the finance industry have hit a regulatory wall, writes Professor Justin O'Brien.