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Regulatory

ASIC would "rarely" ban products

ASIC would only ban products in "extreme circumstances" if its regulatory powers were expanded as per Financial System Inquiry recommendations, ASIC chair Greg Medcraft said.

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Read more: ASICGreg MedcraftFinancial System InquiryAustraliaBankingBrisbaneFinancial Services CouncilFinancial Services Law AssociationFinancial StandardSally Loane