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KM Financial Solutions | UPDATE 1-Australia’s sovereign fund says bank regulator not ‘awake at the wheel’
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UPDATE 1-Australia’s sovereign fund says bank regulator not ‘awake at the wheel’

28 Aug UPDATE 1-Australia’s sovereign fund says bank regulator not ‘awake at the wheel’

Posted at 02:29h in News by
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The head of Australia’s sovereign
wealth fund rebuked the corporate regulator for its role
overseeing the country’s banks, saying a damaging inquiry into
the sector showed it was “not awake at the wheel” and had let
the sector “behave poorly”.

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