No, but look at all the money laundering breaches, data breaches, scams, frauds and offshoring.
Looks like the banking industry down in Australia is being mismanaged and in market failure as this new Governemnt Inquiry is investigating.
The Albanese Government might use the breaches of the banking industry to gain some popularity given it has struggled so far to understand most things and get some wins especially in finance.
Ann: CBA and AUSTRAC resolve AML/CTF proceedings, page-177
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