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Frydenberg transforms ASIC into corporate lapdog

September 15, 2021 - 12:19 -- Admin

Back in April, Treasurer Josh Frydenberg neutered ASIC by appointing former banking lawyer Joseph Longo as chairman of ASIC and directing him to support the economic recovery from the pandemic rather than enforcing financial system conduct: Frydenberg made it clear the direction of ASIC would be changing dramatically from the tougher stance foisted on it

The post Frydenberg transforms ASIC into corporate lapdog appeared first on MacroBusiness.

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