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ASIC loses court bid to CommBank, Colonial First State

The regulator failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did not receive “conflicted remuneration” benefits under a superannuation agreement.

ASIC loses case against CBA and Colonial First

ASIC failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did not receive “conflicted remuneration” benefits under a superannuation agreement

So, ASIC wants your books and records? That includes those held offshore and in the cloud - Knowledge