Transparency of Stakeholder Engagement Meetings

Phillip Sweeney made this Freedom of Information request to Australian Securities and Investments Commission

The request was refused by Australian Securities and Investments Commission.

From: Phillip Sweeney

Delivered

Dear Australian Securities and Investments Commission,

On page 317 of her Book 'Banking Bad', Adele Ferguson writes:

"Shipton didn't think it was a risk {becoming overly friendly with people that might be the subject of enforcement action}, as long as his commissioners exercised judgement. Orr disagreed and pointed out the flaws in holding such Stakeholder Engagement} meetings: they lacked transparency, there was no formal record, no minutes taken, and no policy governing the types of topics that could be discussed at meetings.

I assume you don't have a policy governing the involvement of commissioners in making enforcement decisions about entitles that they're attending meetings with?' Orr asked."

The document(s) I seek are copies of any policy documents governing so-called "Stakeholder Engagement Maeetings" by ASIC Commissioners and other senior ASIC staff with the personel of financial institutions that ASIC is supposed to be regulating.

The search period is from the time James Shipton appeared as a witness at the Hayne Royal Commission to the present.

Yours faithfully,

Phillip Sweeney

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From: Mirijana Soldatic
Australian Securities and Investments Commission


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Attachment Acknowledgment of request.pdf
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Dear Mr Sweeney

Please find attached the acknowledgement of your FOI request, reference
234-2019.

Yours sincerely,

 

 

Mirijana Soldatic

Senior Manager, FOI, Chief Legal Office

Australian Securities and Investments Commission

Level 7, 120 Collins Street, Melbourne, 3000

[email address]

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References

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From: Mirijana Soldatic
Australian Securities and Investments Commission


Attachment image003.jpg
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Attachment Decision letter dated 26 November 2019.pdf
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Dear Mr Sweeney

Please find attached the decision concerning your FOI request, reference
234-2019.

Yours sincerely,

 

Mirijana Soldatic

Senior Manager, FOI, Chief Legal Office

Australian Securities and Investments Commission

Level 7, 120 Collins Street, Melbourne, 3000

[email address]

[1]ASIC logo

 

 

Please consider the environment before printing this document.

 

Information collected by ASIC may contain personal information. Please
refer to our [2]Privacy Policy for information about how we handle your
personal information, your rights to seek access to and correct
your personal information, and how to complain about breaches of your
privacy by ASIC.

 

This e-mail and any attachments are intended for the addressee(s) only and
may be confidential. They may contain legally privileged, copyright
material or personal and /or confidential information. You should not
read, copy, use or disclose the content without authorisation. If you have
received this email in error, please notify the sender as soon as
possible, delete the email and destroy any copies. This notice should not
be removed.

References

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2. https://www.asic.gov.au/privacy

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