Maybe ASIC has told WN they are going to be watching very...

Maybe ASIC has told WN they are going to be watching very closely this time, but have not made it public. If it did its job properly BRM would not be in this mess in the first place.

Why have they not got FIRB approval yet? I can give you dozens of reasons why they shouldn't. Maybe WN is appealing a possible adverse decision for it, which is why the delay? If so, maybe belatedly Wah Nam will pay a price for it disgraceful and dishonest behaviour.