Via Banking Day:
Then the mood changed, as Orr asked him about the tone of regular meetings between senior ASIC officials and the board member and senior executives of the entities ASIC is regulating, as part of ASIC’s “stakeholder engagement strategy”.
While he denied any hint of collusion or a softly softy style approach, Shipton did admit that no minutes were taken of these meetings, and often the senior executives were very guarded, and comments were kept to a high level.
