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ASIC: ANZ admits widespread misconduct, agrees to pay record A$240m in penalties

by Euro Times
September 15, 2025
in Finance
Reading Time: 1 min read
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Australia and New Zealand Banking Group (ANZ) has admitted to “partaking in unconscionable conduct” by incorrectly reporting bond buying and selling information to the Australian authorities by overstating the volumes by billions of {dollars}, and to widespread misconduct throughout services and products impacting practically 65,000 clients, in response to a September 15 media discover from the Australian Securities and Investments Fee (ASIC).



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