ASIC commissioner Greg Tanzer

Investment Strategy

ASIC calls for better risk management

Corporate regulator, the Australian Securities and Investments Commission (ASIC) has emphasised the importance of risk management in the funds-management industry after a “proactive review” found that the “sophistication of risk-management systems varied greatly.” “While they generally had adequate risk-management systems adapted to the nature, scale and complexity of their financial services businesses, we observed that […]