ASIC investigates ANZ Bank for A$14bn government bond sales manipulation in April 2021.
Australian Securities and Investments Commission (ASIC) investigates ANZ Bank for potential A$14bn government bond sales manipulation in April 2021. ASIC suspects ANZ may have broken the law and is accused of inflating bond trading values. ANZ launched its own internal probe and hired external legal counsel. If found guilty, ANZ could face charges for market manipulation and insider trading.
July 24, 2024
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