The limits of disclosure: private rights, public duties and the search for accountable governance. A reliance on technical considerations such as enhanced disclosure, literacy programs and attempts to bifurcate between sophisticated and unsophisticated investors has each proved sub-optimal in the search for greater, or more accurately, effective accountability both here in Australia and internationally. The acceptance by the corporate sector to process risk allocation, develop a mutually endors ....The limits of disclosure: private rights, public duties and the search for accountable governance. A reliance on technical considerations such as enhanced disclosure, literacy programs and attempts to bifurcate between sophisticated and unsophisticated investors has each proved sub-optimal in the search for greater, or more accurately, effective accountability both here in Australia and internationally. The acceptance by the corporate sector to process risk allocation, develop a mutually endorsed formal and informal regulatory framework, and agree on clear and transparent roles and responsibilities marks a significant step forward. It is both significant and innovative that the design and implementation of the proposed strategic plan will derive from an extended exercise in deliberative democracy.Read moreRead less
The Future of Financial Regulation: Enhancing integrity through design. The global financial crisis and the attendant collapse of major financial institutions have called into question the efficacy of financial regulation and the standards of conduct of the key actors in the financial services sectors and financial markets. Ethical conduct is fundamental to the integrity of Australia's financial services sector and financial markets. This project will make a valuable and innovative contribution ....The Future of Financial Regulation: Enhancing integrity through design. The global financial crisis and the attendant collapse of major financial institutions have called into question the efficacy of financial regulation and the standards of conduct of the key actors in the financial services sectors and financial markets. Ethical conduct is fundamental to the integrity of Australia's financial services sector and financial markets. This project will make a valuable and innovative contribution to the national priority goal of strengthening Australia's social and economic fabric by assisting market actors fulfil their professional roles in an ethical manner. By so doing it accords with the national priority goals of promoting an innovation culture and economy, and safeguarding Australia.Read moreRead less