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Regulatory

NAB initially under-reported remediation bill to ASIC

BY KANIKA SOOD | MONDAY, 13 AUG 2018 4:09PM

NAB initially reported a compensation bill of about $22 million less than what it actually owed to customers for plan service fees, as the corporate regulator was capping off a report on the matter in late 2016.

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Read more: NAB, ASIC, Andrew Hagger, Greg Tanzer, Michael Hodge, Kenneth Hayne, MLC

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