KWM Podcasts
Welcome to King & Wood Mallesons' podcast channel. Here you can browse and listen to all our content - the latest cases, legal issues, market trends and insights from our practice groups, conversational deep dives with our leaders and people of note, and a sense of perspective on what we do - and why - with our responsible business team and people from across the firm, our clients and more. Enjoy!
KWM Podcasts
Regulatory perspectives: Let’s talk privately - inside ASIC’s approach to market regulation
Digital Future Summit Series Episode 5: ASIC Chair Joe Longo
Presenters:
- Alex Elser, KWM
- David Friedlander, KWM
- Joe Longo, ASIC Chair
In this episode of the Digital Future Summit series, ASIC Chair Joe Longo discusses the corporate regulator’s discussion paper into private and public capital markets in Australia, considering the impact of AI, markets’ operation, and the role of superannuation money. Longo shares insights from ASIC's recent paper and outlines the commission's approach to enhancing transparency and data collection in private markets.
Key Points:
- ASIC's recent discussion paper aims to reshape public and private markets in Australia, emphasising the need for market transparency.
- Why Joe Longo believes the decline in public listings is influenced more by structural factors than regulatory burdens.
- Why ASIC seeks greater data visibility in private markets to enhance its understanding of capital flows and investment practices.
- How the commission is exploring the potential of digital financial reporting as a way to modernise market practices – and wider potential law reform.
- The importance of balancing regulation and innovation, particularly in the rapidly evolving AI landscape.
Additional Resources here:
https://www.asic.gov.au/about-asic/news-centre/inside-asic-podcast/#series2-episode2