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Corporate penalties to triple under new proposal
News 2017-10-24 12:36 pm By Christine Caulfield Melbourne
The Australian Securities and Investments Commission could get more teeth under a new proposal by a Turnbull government taskforce released Tuesday, with penalties for corporate crime tripling from $1 million to $3 million.
ANZ settles with ASIC on eve of trial
Financial Services 2017-10-23 12:05 pm By Christine Caulfield Melbourne
Australia and New Zealand Banking Group Ltd. has reached an 11th-hour deal with the securities regulator over allegations of interest rate rigging.
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