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Using financial incentives and income contingent penalties to detect and punish collusion and insider trading. (Australia)

Collusion and insider trading, being white collar crimes, are oftentimes characterised as being victimless crimes. The absence of identifiable victims makes the detection of these crimes particularly difficult. This paper moves that, in order to increase the stream of information about collusion and insider trading, parties engaged in these crimes should be presented financial incentives to provide evidence against their co-conspirators. In order to provide greater certainty that rewards will be paid, and also to increase the probability that any fines are paid, it is also propos that





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