ASIC chair Joe Longo says confronting pandemic is regulator's biggest challenge; pledges to be tough corporate cop, defends decision to end AMP criminal pursuit

ASIC chair Joe Longo says confronting the pandemic and easing the escalating economic crisis is the biggest immediate challenge for the corporate regulator. 

He tells ABC's Peter Ryan "it's all hands on deck". 

In an exclusive interview, Mr Longo defended ASIC decision to scrap its criminal pursuit of wealth manager AMP and warns the rise of cryptocurrencies is "a significant area for concern".

I spoke with Mr Longo on RN Breakfast

ASIC chair Joe Longo - supplied