Australia court dismisses corporate regulator's appeal on lawsuit against CBA

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There was alleged breaching of conflicted remuneration laws, the regulator said

Himanshi Akhand, Reuters News

August 17, 2023

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Australia's Full Federal Court has dismissed an appeal by the country's corporate regulator against an earlier Federal Court decision to dismiss proceedings against top lender Commonwealth Bank of Australia over alleged breaching of conflicted remuneration laws, the regulator said on Thursday. (Reporting by Himanshi Akhand in Bengaluru)

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