This article probably says it all about how the regulators have been acting for the last decade, even if it is not specifically about APRA. So probably the shareholders and the super fund "victims" are really the transgressors and are responsible for not being educated enough:
https://www.michaelwest.com.au/inve...ent-is-punishing-bank-crimes-with-tax-breaks/
"Life, Uh, Finds a Way" - Jurassic Park
"Corruption, uh, finds a way" - Jurassic regulators!
IMO
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- Ann: IOOF response to APRA notice and action
Ann: IOOF response to APRA notice and action, page-125
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