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Morrison slams CBA as ’damning’ APRA report findings revealed

Treasurer Scott Morrison has labelled a report by the banking regulator into Commonwealth Bank of Australia as "damning".

Morrison slams CBA as ’damning’ APRA report findings revealed
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Morrison slams CBA as ’damning’ APRA report findings revealed

The Australian Prudential Regulation Authority inquiry, which followed an embarrassing money laundering scandal, has uncovered a culture of complacency and an "ineffective" board that failed to provide oversight.

Read the full story at SBS online.

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