Legal
ASIC vows to use 'every inch' of its powers to ramp up bank scrutiny
The corporate watchdog will ramp up its surveillance of the wealth management arms of Australia’s major banks and AMP and has slammed the industry for failing to act in customers' interests and manage conflicts of interest. The dressing down came as Ian Silk, the chief executive of retirement savings giant…
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Click here to read the full story: The Sydney Morning Herald