In the long-awaited joint appearance of outgoing ASIC chairman James Shipton and his deputy/rival Karen Chester before Parliament’s refreshed Joint Committee on Corporations and Financial Services last Friday, new chairman Andrew Wallace devoted no small amount of time questioning the pair on the collapse of Greensill Australia.
Asked how ASIC was keeping an eye out for future Greensills, Chester said ASIC partly did this through its Emerging Threats and Harms Committee.

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