ASIC reveals sharp increase in investigations

Pedro Gonçalves
ASIC reveals sharp increase in investigations

The Australian corporate regulator sharply increased its enforcement actions against the major financial institutions in the four months to February, one year on from a Royal Commission lambasting. According to ASIC's enforcement update for September 2019 to February 2020, the regulator saw a 52% increase in enforcement investigations involving the big four banks and AMP from January 2019 to January 2020. Overall, the corporate regulator's enforcement investigations increased by 10% over t...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?