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ASIC given greater powers under new proposal

The government will amend the law to give the corporate regulator more powers to hold advice licensees to account for misconduct under a new proposal.

ASIC given greater powers under new proposal
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ASIC given greater powers under new proposal

The consultation is in response to Recommendation 1.15 of the Hayne commission’s final report to enhance the current approved codes framework in the Corporations Act 2001, Treasurer Josh Frydenberg said in a statement.

Reads more at the ifa.

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