the usual suspect ....

After ASIC's exposure as a "weak and hesitant regulator" in the Senate Inquiry last year, it has ramped up its activity level and is now desperate to look like it is doing its job. But this latest revelation on unearned fees did not come about due to institutional honesty and self-disclosure, or due to ASIC's "after the horse has bolted let's try and save our skins" review of the six major institutions.



http://ift.tt/1OrKYJS