CBA commonwealth bank of australia.

News: CBA ASIC Says CommSec & AUSIEX To Pay Over A$27 Mln Penalty For Compliance Failures

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    Oct 26 (Reuters) - Australian Securities & Investments Commission:

    • COMMSEC AND AUSIEX TO PAY PENALTY OF OVER A$27 MILLION FOR SYSTEMIC COMPLIANCE FAILURES
    • COURT DECLARED COMMSEC AND AUSIEX CONTRAVENED MARKET INTEGRITY RULES ON MULTIPLE OCCASIONS
    • FEDERAL COURT ORDERED COMMONWEALTH SECURITIES & AUSTRALIAN INVESTMENT EXCHANGE PAY PENALTY OF A$20 MILLION & A$7.12 MILLION RESPECTIVELY
    • COURT ORDERED INDEPENDENT REVIEW, ASSESSMENT OF SYSTEMS AND CONTROLS RELATING TO PROVISION OF FINANCIAL SERVICES BY COMMSEC, AUSIEX
    • COURT DECLARED COMMSEC & AUSIEX FAILED TO DO ALL THINGS NECESSARY TO ENSURE ITS FINANCIAL SERVICES WERE PROVIDED EFFICIENTLY, HONESTLY & FAIRLY

    (([email protected];))

 
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Last
$185.35
Change
-0.010(0.01%)
Mkt cap ! $309.8B
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Price($) Vol. No.
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