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​Do enforceable undertakings actually work?

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Australian Broker | 18 Sep 2014, 05:50 PM Agree 0
When ASIC takes big institutions to task, it usually uses enforceable undertakings. Henry Davis York partner Lucinda McCann examines whether EUs are making a difference
  • Justin Hyde | 24 Sep 2014, 09:10 PM Agree 0
    I think the core issue is when and how they are applied. Per the article, if organisations or individuals are uncooperative then there is little value. More importantly, the lack of transparency in these and other ASIC matters gives rise to great scepticism about the effectiveness of the regulatory body.
    Justin Hyde
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