Daily Archives: October 29, 2014, 12:21 pm

For One Day, At Least, Australia a ‘Paradise for White Collar Criminals’ | Compliance Week

Australian Securities & Investments Commission Chairman Greg Medcraft stated last week that Australia’s white collar criminal penalties were so weak that “it’s worth breaking the law to do the trade” and that Australia was a “paradise for white-collar criminals.” After a concerned call from the country’s Finance Minister, however, Medcraft quickly “hosed down” his prior comments. via For One Day,…

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