Global Investigations Review - The law and practice of international investigations

ASIC seeks higher penalties in criminal benchmark rigging cases

By Waithera Junghae

17 February 2016

ASIC seeks higher penalties in criminal benchmark rigging cases Commonwealth Bank of Australia Alpha on Flickr (CC BY SA 2.0)

ASIC may pursue criminal cases against banks accused of benchmark manipulation, as the Australian securities regulator looks to impose tougher penalties.