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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: ASIC,  FRAA,  Andrew Bragg,  Deborah O'Neill,  Financial Regulator Assessment Authority,  Industry Funding Model,  Jana Stewart,  Jess Walsh,  Parliamentary Joint Committee,  Royal Commission