May 19, 2017 BY Valentina Kirilova

Macquarie leaked FX trades leads to ASIC enforceable undertaking

ASIC announced that has today accepted an enforceable undertaking (EU) from Macquarie Bank Limited (ASX:MQG) in relation to the bank’s wholesale foreign exchange (FX) businesses, following an ASIC investigation. ASIC is concerned that the bank failed to ensure that its systems and controls were adequate to address risks relating to instances of inappropriate conduct identified…

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