Senate committee recommends major overhaul for corporate watchdog, splitting ASIC into two new regulators

Australia’s corporate watchdog, ASIC, isn’t prosecuting enough white-collar crime and can’t perform its full range of duties, so a Senate committee has recommended it split into two new, more streamlined regulators. Australia’s corporate watchdog, ASIC, isn’t prosecuting enough white-collar crime and can’t perform its full range of duties, so a Senate committee has recommended it split into two new, more streamlined regulators. Business and Industry Regulation, Corporate Crimes, Consumer Protection, Federal Parliament Latest business news