NAB makes regulatory commitment
National Australia Bank (NAB) will submit a number of reports to the Australian Securities and Investments Commission (ASIC) as part of its efforts to repair the damage caused by the foreign exchange options scandal that enveloped the company earlier this year.
ASIC said in an announcement today that it had received an “enforceable undertaking” from NAB, committing the bank to steps including providing the regulator with a series of externally
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