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ASIC issues governance warning on local emerging market companies

The Australian Securities and Investments Commission (ASIC) has issued a warning over corporate governance in Australian companies that have significant operations in emerging markets, saying these companies are more susceptible to collapse than domestically focused ones.

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Read more: ASICAustraliaAustralian SecuritiesInvestments CommissionRegulatoryASXAustralian Securities ExchangeJohn PriceNovember 2012Sino-Forest CorporationToronto