Australia's ASIC investigates ANZ for suspected violations in 2023 treasury bond issuance by AOFM.
ANZ Group Holdings is being investigated by Australia's corporate regulator, ASIC, for suspected violations of laws in the execution of 10-year treasury bond issuance in 2023 by the Australian Office of Financial Management (AOFM). ANZ was appointed by the AOFM to manage the issuance and ASIC has received a complaint from the AOFM expressing concerns about the way some debt was sold. The bank is cooperating fully with the investigation.
May 12, 2024
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