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Regulatory

Committee calls for 'sick agency' ASIC to be split in half

The Senate committee tasked with assessing the capabilities of ASIC says the government should recognise the regulator has "comprehensively failed to fulfil its regulatory remit", calling for a complete overhaul of its structure, powers and how it's funded.

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Read more: ASICFRAAAndrew BraggDeborah O'NeillFinancial Regulator Assessment AuthorityIndustry Funding ModelJana StewartJess WalshParliamentary Joint CommitteeRoyal Commission