Shareholder disquiet at BNK Bank
Top of the grievance list is a transaction between two BNK board members, and non-bank lender FirstMac.
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Top of the grievance list is a transaction between two BNK board members, and non-bank lender FirstMac.
ASIC will be streamlined under a major staff shake-up, amid an exodus of executives and a search by the Albanese government for new regulators.
Many are lining up to put the boot into ASIC, as time runs out for the corporate regulator to fix itself.
Governance at the corporate watchdog has come in for a lashing at an inquiry by the Senate’s Economics Legislation committee.
The Morrison government came close to breaking up the corporate regulator under the former chairman James Shipton, after Treasury investigated the idea when it was raised in the final recommendations of the Hayne royal commission.