Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Financial firms could face steep fines for corporate wrongdoings

Reprints

The Australian government plans to fine financial services companies up to $9.4 million Australia ($7.3 million) or three times the benefits gained or 10% of the firm's annual turnover, whichever is larger, for corporate wrongdoings, ABC News reported. Bankers and corporate criminals could also face up to 10 years of imprisonment under the new penalties.

Read more.