AUD News 

ASIC Slaps Commonwealth Bank of Australia With $20 Million Fine

“According to the statement, the multinational bank has entered into a court enforceable undertaking with ASIC, due to Federal Court proceedings that were launched by the regulator in January” reports financemagnates.com. In the proceedings, the Australian bank admitted to the Federal Court in Melbourne that it tried to affect where the BBSW set on five separate occasions between January 31, 2012, and June 15, in 2012.
 
Source: financemagnates.com



Share This:

Related posts