Vale Charles Williams, corporate poacher turned gatekeeper
The influential regulator was born, raised and worked in the heart of the Melbourne business establishment but became a key oversight figure, at a time of corporate thrills and spills in the ’80s.
Charles Williams, a significant figure in the creation of Australia’s national corporate regulation and in the ’80s big takeovers and market gyrations, died on March 6. He was 89.
Williams spent the bulk of his working life as a stockbroker, but in the last eight years of his career, he was at the centre of increasing federal regulation of the securities market, including the formation of the Australian Securities Commission (ASC), which later became ASIC.
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