Judge criticises ASIC for treating orders in Westpac case like 'traffic lights in Naples'

Judge criticises ASIC for treating orders in Westpac case like ‘traffic lights in Naples’

Financial Services 2021-12-20 1:48 pm By Bianca Hrovat | Sydney

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A judge has criticised the Australian Securities and Investments Commission for treating timetabling orders in its insider trading case against Westpac over a $16 billion interest rate swap as though they were “traffic lights in Naples”.

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