How much longer at ASIC for Joe Longo?
The corporate regulator's chairman is hitting his stride, but the end of his five year term is nigh.
ASIC chairman Joe Longo was in an ebullient mood this week as he unveiled the market regulator’s corporate plan for the next four years - except when it came to his own future.
Longo said ASIC’s performance measures had “evolved” over the past few years and that it now put much greater emphasis on “strategic cases that are understandable and engaging for the public”.
Not for Longo the notion that regulators should go about their work quietly as some critics, like former former treasury secretary Martin Parkinson, have suggested.
“I think it's in the public interest for a regulator like us - who is supposed to be looking out for the consumer and the investor, and being a market regulator, of course - to be seen and heard, because that's what builds confidence in the system.
