1. National corporate regulation: a clean slate -- 2. Justification for corporate law regulation and the definition of 'effective' regulation -- 3. Theories of regulation -- 4. Strategic regulation theory and pyramidal enforcement -- 5. The original civil penalty regime in Part 9.4B and its weaknesses -- 6. The 2000 reforms and ASIC's enforcement record -- 7. The civil penalty problem: the courts' treatment of civil penalties as quasi-criminal offences -- 8. Failure by ASIC to use the full range of remedies under strategic regulation theory -- 9. Technical problems faced by ASIC that are undermining its ability to be an effective regulator -- 10. ASIC's effectiveness as corporate regulator -- 11. Recommendations for the future
Summary
"The central focus of Australia's "Company Law Watchdog": ASIC and Corporate Regulation is the issue of ASICs effectiveness, and most importantly, how it might be made more effective