ASIC eyeing criminal prosecutions after royal commission

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The corporate watchdog is adopting a litigate-first strategy after the banking royal commission.

Source: Financial Digest (financialdigest.net)

 

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Yeah yeah.

. ASIC won't do SFA! This is just a PR exercise and NOTHING sunstantial will come of it. Because ASIC are bankers too. .

Is ASIC seriously contemplating more than 40 court cases including criminal prosecutions in the wake of the banking royal commission? Like 25 millions others, I will believe it when I see these baking fraudsters in court facing criminal prosecutions.

Ok they need time to do their job but let’s make sure they do it.

What is there to eye, for fuck's sake? The laws been broken - PROSECUTE!!

Too little too late . Banks and their Regulators can never ever be trusted again ..... Glass Stegall.

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