Wednesday, July 12, 2023

Regulators hardly covered in glory amid corporate scandals: A Look Back At The Vietnam Spy Who Betrayed Us.

… with the community and some politicians increasingly subscribing to the view that sunlight is the best disinfectant, regulators need to get used to a few brickbats flying their way along with the bouquets.

~ Elizabeth Knight



Parliament should cast its net wider. With confidence in regulatory authorities leaching away, now is the time for a holistic look at our regulators to ensure they not only behave ethically but carry out the jobs we expect of them.

Regulators hardly covered in glory amid corporate scandals


Nothing exposes regulatory cracks like corporate scandals. From ASIC to the ATO – all have sustained collateral damage lately.

The PwC debacle has raised questions about the relationship between the big four accountants and the ATO; ASIC was slammed for its ineffective enforcement culture in the wash out of the royal commission into financial services; and the various state gaming regulators were found seriously wanting after inquiries into the two large casino groups found them unfit to hold their licences.

Corporate scandals deliver collateral damage to regulators By Elizabeth Knight


The consulting firms are now likely to be grilled about why they cannot disclose more of the information requested by the Greens’ Barbara Pocock as part of the ongoing Senate inquiry into the use of consultants. Public hearings are scheduled for next week.

The inquiry was triggered by the PwC tax leaks scandal exposed by The Australian Financial Review, and after a push by Senator Pocock. The last major inquiry into the sector was shut down by the Morrison government in 2019 without issuing a report. Submissions by other firms are yet to be published by the committee.

EY, Deloitte, KPMG force out dozens for bullying, harassment


Paul Davis On Crime: A Look Back At The Vietnam Spy Who Betrayed Us.


Could Threads kill Twitter? (Like, for real?) Here’s what some notable journalists think about Meta’s new social network, which has seen explosive growth since its Wednesday launch.



New revelations about ex-PwC partner's Scale Facilitation company raided over alleged tax fraud

Ukrainian Grain Exported Through Tax-Avoiding ‘Shell Firms,’ Robbing Country of Wartime Revenue


A new report from the Australian Institute of Health and Welfare (AIHW) shows Aussie males are expected to live to 81.3 years and women to 85.4 years.


In his own words: Philip Lowe’s revealing seven years of speeches


Three key contenders for the Reserve Bank’s top job By Millie Muroi and Rachel Clun


GQ removes article after complaints from Warner Bros. Discovery CEO

It’s not uncommon for a news outlet to update a story. But to overhaul the tone of a story is uncommon and to remove a story entirely is rare.


CEO’s Skill Set Transferable To Any Job That Requires Dumbass To Receive Big Salary

CEO’s Skill Set Transferable To Any Job That Requires Dumbass To Receive Big Salary


When blinders fall and convictions crumble: What can we learn from the literature of political disillusionment? Politics  »


 ‘Nothing has changed’: France’s forgotten banlieues The New Arab


French riots show how entrenched inequalities have become FT

 

French parliament gives green light to secretly record footage from phones of suspects Anadolu Agency

 

German Defense Companies Could Be Europe’s Arsenal of Democracy Foreign Policy