Australia"s "company law watchdog" - ASIC & corporate regulation / Vicky Comino.

Pyrmont, N.S.W.: Thomson Reuters (Professional) Australia Pty Limited, 2015.

1st edition

198662

Corporation law -- Australia.

Securities -- Australia.

Consumer protection -- Australia.

1. National corporate regulation - a clean slate

Part 1: Regulatory models and strategic / responsive regulation

2. Justification for corporate law regulation and the definition of "effective" regulation

3. Theories of regulation

4. Strategic regulation theory and pyramidal enforcement

Part 2: ASIC's ability to implement pyramidal enforcement

5. The original civil penalty regime in part 9.4B and its weaknesses

6. The 2000 reforms and ASIC's enforcement record

7. The civil penalty problem - the courts' treatment of civil penalties as quasi-criminal offences

8. Failure by ASIC to use the full range of remedies under strategic regulation theory

9. Technical problems faced by ASIC that are undermining its ability to be an effective regulator

10. ASIC's effectiveness as corporate regulator

11. Recommendations for the future.

The central focus of Australia"s "Company Law Watchdog": ASIC and Corporate Regulation is the issue of ASIC"s effectiveness, and most importantly, how it might be made more effective. Drawing on work undertaken as part of her doctoral thesis, Dr Comino identifies the factors that have hampered ASIC"s effectiveness and which have contributed to its mixed record of success in pursuing those responsible for some of Australian"s largest financial scandals.

Includes biblographical references and index.

9780455234816

xix, 394 pages ; 25 cm