‘Real harm’: Record $830m in fines against banks, financial firms
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Source: The Age
Published: 2026-07-20 05:00 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Crime & Justice, Economy & Finance, Law & Courts, Business & Economy, Crime & Justice
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Snippet:
Banks, super funds and financial services firms were collectively hit with a record $830 million in court-ordered civil penalties over misconduct in the last 12 months, as the corporate watchdog vows to continue taking legal action against major companies causing “real harm”.
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