ASIC puts financial sector on notice, ramps up bank scrutiny – 17 May 2018

The corporate regulator has put the financial advice sector on notice laying out plans to speed up its investigations into the wealth management firms, warning of a new era of more “intensive, dedicated” oversight.

http://www.afr.com/business/banking-and-finance/financial-services/asic-puts-financial-sector-on-notice-ramps-up-bank-scrutiny-20180517-h1063v