2018
2018
Federal Court imposes penalties on former Murray Goulburn CEO
1. “Little room to move on court fine”, The Border Mail, 15 December 2018, page 33, interview with Professor Ian Ramsay
2. “Helou penalty angers farmers”, Stock & Land, 12 December 2018, page 7, interview with Professor Ian Ramsay
Changes resulting from the hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
1. “Major changes lie ahead for financial institutions”, The Sydney Morning Herald, 24 November 2018, page 12, interview with Professor Ian Ramsay; also “’Unprecedented’: commission to spur widespread change”, The Age, 24 November 2018, page 28, interview with Professor Ian Ramsay; “’Unprecedented’: commission to spur widespread change”, The Canberra Times, 24 November 2018, page 4, interview with Professor Ian Ramsay
Federal Court rejects proposed settlement between Westpac and ASIC regarding contraventions of responsible lending laws
1. ABC Radio National, The Breakfast Program, 14 November 2018, interview with Professor Ian Ramsay
2. “ASIC faces renewed scrutiny after bungled Westpac deal”, Banking Day, 14 November 2018, interview with Professor Ian Ramsay
3. Radio 2GB (Sydney), The 8pm News Program, 13 November 2018, interview with Professor Ian Ramsay; also Radio 3AW (Melbourne), The 8pm News Program, 13 November 2018, interview with Professor Ian Ramsay; Radio 5AA (Adelaide), The 8pm News Program, 13 November 2018, interview with Professor Ian Ramsay
4. Radio 2GB (Sydney), The Money News Program, 13 November 2018, interview with Professor Ian Ramsay
5. ABC News online, “Westpac’s $35m responsible lending law settlement with ASIC rejected by judge”, 13 November 2018, interview with Professor Ian Ramsay
Reappointment of chair of the Future Fund
1. “Peter Costello’s early re-appointment to Future Fund”, The New Daily, 12 November 2018, interview with Professor Ian Ramsay
Problems for AMP Ltd
1. ABC TV, The 4 Corners Program, 24 July 2018, interview with Professor Ian Ramsay (Melbourne, Sydney, Adelaide, Brisbane, Canberra, Darwin, Hobart, Perth and regional stations)
Possible review of continuous disclosure laws
1. “ASX council backs review of disclosure laws”, The Australian Financial Review, 21 June 2018, page 8, interview with Professor Ian Ramsay
Calls for financial advice compensation scheme of last resort
1. “Dover plight fuels compo scheme call”, The Age, 12 June 2018, page 20, interview with Professor Ian Ramsay; also The Sydney Morning Herald, 12 June 2018, page 22, interview with Professor Ian Ramsay
White collar crime
1. ABC Radio National, The Signal, 8 June 2018, interview with Professor Ian Ramsay
Major banks and executives charged with participating in a cartel to fix ANZ share price
1. “Everything you need to know about the ANZ cartel scandal”, The New Daily, 6 June 2018, interview with Professor Ian Ramsay
2. Channel 10 TV, The 5pm News Program, 6 June 2018, interview with Professor Ian Ramsay
3. ABC News TV, The 10am, 1pm, 2pm, 3pm, 4pm and 5pm News Programs, 6 June 2018, interview with Professor Ian Ramsay
4. ABC Radio National, The AM Program, 6 June 2018, interview with Professor Ian Ramsay
5. ABC News Radio, The 6am News Program, 6 June 2018, interview with Professor Ian Ramsay
6. “Australia charges 3 banks plus 6 execs with cartel crimes”, CNBC online, 5 June 2018, interview with Professor Ian Ramsay
Litigation involving ANZ and Commonwealth Bank
1. ABC TV, The Drum, 6 June 2018, interview with Professor Ian Ramsay
Commonwealth Bank to pay $700 million fine for anti-money laundering and counter terrorism financing law breaches
1. ABC Radio National, The World Today Program, 4 June 2018, interview with Professor Ian Ramsay
2. “Commonwealth Bank to pay $700 million fine for anti-money laundering and counter terrorism financing law breaches”, ABC News online, 4 June 2018, interview with Professor Ian Ramsay
3. “Crypto-wary Australian bank to pay record fine for AML/KYC violations”, Yahoo finance online, 4 June 2018, interview with Professor Ian Ramsay
ASIC enforcement in relation to financial services
1. “ASIC does not use the sticks it has against the banks”, ABC News online, 30 May 2018, interview with Professor Ian Ramsay
2. “Spotlight on company cop”, The Age, 28 April 2018, Business section, page 8, interview with Professor Ian Ramsay; also The Sydney Morning Herald, 28 April 2018, Business section, page 8, interview with Professor Ian Ramsay
3. “Tougher penalties hollow unless ASIC acts: lawyers”, The Australian Financial Review, 21 April 2018, page 4, interview with Professor Ian Ramsay
Federal Court finds that Westpac engaged in unconscionable conduct in relation to the bank bill swap rate
1. “Westpac conduct ‘unconscionable’”, The Age, 25 May 2018, page 8, interview with Professor Ian Ramsay; also “Court clears Westpac of rate-rigging”, The Sydney Morning Herald, 25 May 2018, page 22, interview with Professor Ian Ramsay
2. “The rat moves on as other key traders remain”, The Australian Financial Review, 26 May 2018, page 24, interview with Professor Ian Ramsay
Launch of Australian Council of Superannuation Investors Stewardship Code by Professor Ian Ramsay
1. “Australian Super, HESTA sign on to ACSI code”, Investment Magazine, 25 May 2018
ASIC’s use of enforceable undertakings
1. ABC Radio National, The AM Program, 17 May 2018, interview with Associate Professor Andrew Godwin
Government cuts to ASIC funding
1. “Australia to cut corporate regulator’s funding despite slew of scandals”, Reuters, 10 May 2018, interview with Professor Ian Ramsay
Issue of some directors holding too many board positions
1. “Company directors face pressure to cut board positions”, The Australian, 5 May 2018, page 4, interview with Professor Ian Ramsay
Problems in banks identified by banking royal commission
1. “A decade of banks behaving badly is being laid bare in Australia”, Bloomberg, 29 April 2018, interview with Professor Ian Ramsay
2. ABC Radio 2MCE (Orange), The 9am News Program, 23 April 2018, interview with Professor Ian Ramsay
3. “Banking’s time of reckoning”, The Age, 21 April 2018, page 28, interview with Professor Ian Ramsay; also “Breach of trust”, The Sydney Morning Herald, 21 April 2018, page 23, interview with Professor Ian Ramsay; “Banking’s time of reckoning”, The Canberra Times, 21 April 2018, page 6, interview with Professor Ian Ramsay
AMP admits misconduct in banking royal commission hearings
1. “Issue for firm is how crowded will the dock be”, The Australian, 28 April 2018, page 4, interview with Professor Ian Ramsay
2. ABC TV, The 7.30 Report Program, 18 April 2018, interview with Professor Ian Ramsay
3. ABC News TV, The Evening News Program, 18 April 2018, interview with Professor Ian Ramsay
4. ABC Radio National, The Drive Program, 18 April 2018, interview with Professor Ian Ramsay
5. ABC Radio National, The AM Program, 18 April 2018, interview with Professor Ian Ramsay
6. ABC Radio 774 (Melbourne), The Morning Program, 18 April 2018, interview with Professor Ian Ramsay
7. “Shock at level of AMP lies”, The Age, 18 April 2018, page 7, interview with Professor Ian Ramsay; also “AMP misconduct and lies exposed”, The Sydney Morning Herald, 18 April 2018, page 2, interview with Professor Ian Ramsay; “Shock at level of AMP lies”, The Canberra Times, 18 April 2018, page 5, interview with Professor Ian Ramsay
Government announcement of increased penalties for corporate crime
1. ABC News TV, The Breakfast Program, 23 April 2018, interview with Professor Ian Ramsay
2. SKY TV, The Business News Program, 23 April 2018, interview with Professor Ian Ramsay
3. Channel 10 TV, The Project, 20 April 2018, interview with Professor Ian Ramsay
Centre for Corporate Law research study on ASIC enforcement
1. “ASIC ‘prefers quicker, cheaper enforcement’”, The Australian Financial Review, 12 March 2018, page 3, interview with Professor Ian Ramsay
Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry commences hearings
1. ABC TV, The Business Program, 12 February 2018, interview with Professor Ian Ramsay