The rights we have are the same as those of others: to have our say and to play our own part, however modest and small, in the development of those standards. Something that is a bit new and, overall, refreshing is that Australia actually does have a place at more of the relevant tables than it used to.
ASIC has long been a member of the International Organization of Securities Commissions (IOSCO) as were its predecessor organisations the ASC and the NCSC. It is quite a feather in the cap for ASIC that its chair has this month assumed the chair of the IOSCO Board.