Fact sheet
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Fact Check: Can ASIC do the same job as a financial industry royal commission?
Publisher
Liberal Party of Australia
Misconduct (banking and finance)
Financial system regulation
Royal Commissions
Description
Labor promises to hold a royal commision into "misconduct in the banking and financial services industry". But Treasurer Scott Morrison claims there is nothing that ASIC can't do that a royal commission can do.
Verdict: Overblown
Publication Details
Copyright:
Australian Broadcasting Corporation 2016
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
26 May 2020
