CARROLL, Peter.

A standard for regulatory compliance? Industry self-regulation, the courts and AS3806-1998 - Oxford : Blackwell Publishers Limited, December 2001

The primary objective of this article is to describe recent Australian moves to greater industry self-regulation and, within that context, to examine the development of AS3806, a voluntary standard developed by Standards Asustralia, which firms may use as a model or template for the design and management of their regulatory compliance systems. The article is divide into four sections. The first provides an outline of recent Australian developments regarding industry self-regulation and compliance. The second describes the growing interest in industry codes of conduct and the role of the Australian Competition and Consumer Commission (ACCC). The third describes the main features of AS 3806. The fourth examines the question of compliance standards in relation to the legal process, focusing on two recent cases and is followed by a conclusion