Australian Securities and Investments Commission starts federal court proceedings for ‘unconscionable conduct and market manipulation’ by ANZ ANZ has rejected allegations by the corporate watchdog that it was involved in interest rate rigging and says it will “vigorously” defend legal action.
The Australian Securities and Investments Commission started federal court proceedings on Friday for “unconscionable conduct and market manipulation” by ANZ in relation to the rate at which banks lend each other money.
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Source: theguardian.com