https://www.theaustralian.com.au/news/inquirer/the-fight-to-win-c...

https://www.theaustralian.com.au/news/inquirer/the-fight-to-win-compensation-for-duped-condor-blanco-investors/news-story/5a6d20a824c8c207e73bade1301ebb16

"....

it’s the blunt refusal by ASIC to take any action — even after Farquhar and his team provided the corporate watchdog with detailed findings of alleged systemic criminality, based on thousands of hours of expensive investigations — that has stumped him and his fellow corporate crime fighters.

“We have given them (ASIC) absolutely everything on a silver platter, every step of the way for almost four years,” Farquhar says. “They haven’t done a thing. They just don’t want to know.”

ASIC was roundly chastised before the banking royal commission for failing to take adequate action against white-collar crime, instead opting for a “soft-touch” approach of issuing enforceable undertakings — essentially promises from those committing crimes that they won’t do it again."