NAB’s board met ASIC days before Hayne hit

Original article by Pamela Williams
The Australian – Page: 17 & 20 : 17-Aug-18

Senior National Australia Bank executives held a meeting with Australian Securities & Investments Commission officials at the bank’s headquarters on 30 July. NAB executives subsequently fronted the banking royal commission in early August, after featuring prominently in its previous hearings. An NAB spokesman has indicated that the meeting with ASIC had been organised in late 2017 and such meetings are held regularly. Documents released by the inquiry on 15 August show that ASIC has accused NAB of a range of civil and criminal offences in relation to the "fee for no service" scandal.

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, AMP LIMITED – ASX AMP, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE

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