Banks watchdog has 1000 probes under way

By Paul Osborne
Updated June 22 2018 - 11:01am, first published 10:19am
ASIC chairman James Shipton told an inquiry that confidence in the financial sector is under threat.
ASIC chairman James Shipton told an inquiry that confidence in the financial sector is under threat.

The corporate watchdog has revealed it has more than 1000 investigations and surveillance operations under way, as a royal commission probes the banking and financial sector.

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