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- W347863469 abstract "An enforceable undertaking is one of the many sanctions available to a number of Australian regulators. This sanction is widely used in the regulatory community for it allows regulators to reach expeditious solutions to alleged offences at minimal cost to their agencies and the courts. The regulators will usually enter into an enforceable undertaking when they believe that such undertakings will offer a more effective regulatory outcome than other sanctions. This article looks at the origin of enforceable undertakings and the use of this sanction by ASIC. It observes the instances under which ASIC enters into an enforceable undertaking and the alleged offences that led to the acceptance of such undertaking. The article also surveys the promises given in an enforceable undertaking and the goals that may be achieved by these promises. Finally, this article reflects on the action that may be taken by ASIC if an enforceable undertaking is not complied with." @default.
- W347863469 created "2016-06-24" @default.
- W347863469 creator A5015170324 @default.
- W347863469 date "2007-11-10" @default.
- W347863469 modified "2023-09-25" @default.
- W347863469 title "Enforceable Undertakings: A New Form of Settlement to Resolve Alleged Breaches of the Law" @default.
- W347863469 hasPublicationYear "2007" @default.
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