Notes used in a speech by Tony D'Aloisio, ASIC Chairman, in an address to the Monash Centre for Regulatory Studies and Clayton Utz Luncheon Lecture, 11 March 2010
The integrity of Australia's financial markets is a vital element in promoting confident and informed participation by firms and investors, thus contributing to an efficient and prosperous economy.
This address begins with an examination of the foundations of market integrity – why it is important, and who the key players are in promoting market integrity, and particularly, the role of ASIC as an oversight body.
The address finishes with a discussion of some current and emerging issues which raise challenges for regulators and market participants in ensuring that our financial markets retain their integrity.