ASIC has revealed a 52% increase in enforcement investigations involving Australia’s largest financial institutions. With 316 investigations currently underway, ASIC said they related to directors’ and officers’ breaches, insider trading and market manipulation, auditor and liquidator breaches, and breaches of licensing obligations, including Australian financial services license obligations.
https://www.financialstandard.com.au/news/asic-turns-up-the-heat-on-enforcement-154973861
