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Banks take 1500 days to identify breaches: ASIC

BY KANIKA SOOD | THURSDAY, 26 JUL 2018 10:50AM

Big banking groups are taking an average of 1500 days to internally identify breaches in conduct, ASIC chair James Shipton said in his address at the FSC Summit in Melbourne today.

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Read more: ASIC, FSC Summit, James Shipton, Melbourne, Banks, financial advice, Royal Commission, Superannuation

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