Scott Morrison ‘deeply disturbed’ by AMP misconduct, ramps up ASIC’s power

The Federal Government has given extra power to Australia’s corporate watchdog following revelations of bad behaviour by the banks. Treasurer Scott Morrison says he is “deeply disturbed” by revelations made by AMP senior executive Anthony Regan that the company lied to ASIC on at least 20 occasions. He tells Ross Greenwood prior to yesterday’s banking royal … Continue reading Scott Morrison ‘deeply disturbed’ by AMP misconduct, ramps up ASIC’s power