The corporate cop’s probe into big four bank ANZ market trades during a $14 billion government bond sale involves suspected illegality and is more than a “please explain”, its chairman Joe Longo says.
In a wide-ranging interview with The AustralianFinancial Review, the head of the Australian Securities and Investments Commission also detailed new initiatives to crack down on insider trading, previewed an intervention into the private credit market, and hit back at claims ASIC is a “toothless tiger”.
Loading...
Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
