ASIC Chairman Greg Medcraft has welcomed the High Court’s decision in ASIC’s appeal against the decision of the NSW Court of Appeal regarding James Hardie’s former non-executive directors and former company secretary and general counsel.

Professor Stuart Green, of Rutgers Law School discusses a recent empirical survey he has undertaken of US moral attitudes to white collar crime and insider trading and appropriate ways to frame regulation in this light of these attitudes.

The Financial Services Authority (FSA) has published new rules and guidance, following consultation, to strengthen the protection for members of defined benefit pension schemes who are considering moving their money into personal pensions.

The consultation paper provides a preliminary analysis of the possible risks that money market funds (MMFs) could pose to systemic stability and consults on an exhaustive range of policy options to address those risks.