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Funding constraints linger despite government's regulator blasting

The federal government said it’s confident the regulators are well funded and prepared for a post-royal commission environment, but the numbers don’t stack up across the board.

Funding constraints linger despite government's regulator blasting
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Funding constraints linger despite government's regulator blasting

The final report of the commission has recommended that ASIC should take the lead in enforcing all provisions in the SIS Act as a conduct regulator, and that the corporate regulator considers court action as its approach to enforcement.

Read at the Accountants Daily.

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