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ASIC survey finds banks’ ’in-house’ product referrals still failing best interest test

Just three weeks before the Royal Commission into Misconduct in the Banking and Financial System is due to start comes the latest evidence the big institutions are in it for themselves.

ASIC survey finds banks’ ’in-house’ product referrals still failing best interest test
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The corporate regulator, Australian Securities and Investments Commission (ASIC), has conducted a survey of conflicts of interest within the big banks and AMP.

Read the full story at ABC online.

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