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Daily briefs: Softening the September cliff a bank, APRA and govt priority

ASIC deputy chair Daniel Crennan QC

ASIC's investigation into alleged questionable payments by Colonial First State to CBA for superannuation products stems from a royal commission referral, the regulator's deputy chair Daniel Crennan QC said.

ASIC launched federal court proceedings against CBA and its subsidiary Colonial First State (CFSIL) over alleged questionable payments by CFSIL to CBA for superannuation products.[.....]

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