Original article by Ben Butler
The Australian – Page: 17 & 22 : 16-Aug-18

Documents released by the banking royal commission show that the Australian Securities & Investments Commission has criticised National Australia Bank over its lack of action in addressing the fee-for-no-service scandal. ASIC wrote to NAB in May to express its dissatisfaction with the bank’s proposed remedial action, stating that it did not constitute an "acceptable resolution" to the regulator’s concerns. ASIC has accused NAB of a range of civil and criminal offences.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, NULIS NOMINEES AUSTRALIA LIMITED