ASIC’s top brass recently announced that it expects all companies, not just those in the finance sector,  to improve compliance systems and meet the higher standards of conduct laid out in the Banking Royal Commission’s Final Report, or risk falling foul of the corporate regulator. 

The comments come as ASIC pressures boards to focus more intently on the treatment of customers and improving  corporate culture in response to the Final Report following the Royal Commission. Read here to find out what this means for corporate Australia.