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Regulating conduct of financial institutions in Australia: Is culture the new frontier of regulation?

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Abstract

The Australian Securities and Investment Commission (ASIC) aims to regulate poor corporate culture in the financial services industry. This article critically analyses the regulator’s ongoing statements about corporate culture of financial institutions. Unlike the UK, Australia has not legislated or implemented any regulation to address the issues. The following research will offer insight to regulatory solutions.

Original languageEnglish
Pages (from-to)86-92
JournalJournal of International Banking Law and Regulation
Volume32
Issue number3
Publication statusPublished - 2017

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