Australian Regulators Weekly Wrap – 12 December 2022

Thought for the future: it doesn’t feel like ASIC’s relationship with Assistant Treasurer Jones is all that great, especially after this week’s spate on the FTX licence (Jones said much the same thing I’ve said above). Hard to tell how that will play out, but I do expect ASIC to stay out of policy actions (like Shipton waded into e.g. responsible lending) and stay focused on litigation (like Longo is) for the foreseeable future.

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