The Bulletin


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how ASIC is trying to make corporate misconduct hurt

  • Written by Elise Bant, Professor of Law, University of Melbourne

On September 6, 2018, the Australian Securities and Investments Commission launched proceedings against two arms of the National Australia Bank alleging a widespread and long standing practice of charging fees for no service.

An intriguing aspect of the action is that the claim acknowledges that the two firms have already agreed to pay back around...

Read more: how ASIC is trying to make corporate misconduct hurt