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Royal commission fines top $100m

In the two years since the royal commission’s final report, the corporate regulator has handed out more than $100 million in fines to Australia’s banks, according to new figures.

Royal commission fines top $100m
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Royal commission fines top $100m

ASIC released the data in response to a question on notice from One Nation senator Malcolm Roberts around the total dollar cost to banks as a result of ASIC’s recent enforcement actions.

Read more at Investor Daily.

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