Gaps in stopping ‘unacceptable’ conduct at ASIC, chair warns

Patrick Durkin, Ronald Mizen and Aaron Patrick

Feb 15, 2024 – 4.29pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

ASIC chairman Joe Longo says there is a gap in how unacceptable behaviour by senior officials in statutory roles can be dealt with that is “a serious policy issue” for the government to solve.

The Albanese government said it would consider Mr Longo’s comments, which followed revelations in The Australian Financial Review that his former deputy told previous ASIC chair James Shipton she could have “destroyed” his career.

Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership.

Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra.

Aaron Patrick was a senior correspondent at The Australian Financial Review.