Australian Securities and Investments Commission v Australia and New Zealand Banking Group Limited, Federal Court Australia VID197/2016

Expert:  V. M.J Aitken w/ S. Ji, V. Mollica ASIC brought proceedings in the Federal Court against ANZ for unconscionable conduct and market manipulation in relation to the bank’s involvement in setting the bank bill swap reference rate (BBSW). The BBSW is the...

Australian Securities and Investments Commission v National Australia Bank Limited, Federal Court Australia, VID604/2016

ASIC brought proceedings in the Federal Court against CBA for unconscionable conduct and market manipulation in relation to the bank’s involvement in setting the bank bill swap reference rate (BBSW). The BBSW is the primary interest rate benchmark used in...