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ASIC to be handed greater powers

The government has said it will grant the Australian Securities and Investments Commission (ASIC) additional powers to effectively regulate the financial services sector.

ASIC to be handed greater powers
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More than 10 months after the release of FSI chairman David Murray's final report, the government has agreed to implement most of the recommendations put forward to strengthen the industry watchdog.

Read the full story at Financial Standard.

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