ASIC's criticism of IPO due diligence could have an impact here
ASIC slams superficial due diligence – could the same be seen here? With special feature audio.
Calida Smylie Wed, 20 Jul 2016
The Australian Securities & Investments Commission has criticised the due diligence of initial public offers in Australia and New Zealand lawyers have suggested any changes could have an impact here as well.
ASIC reviewed 12 IPOs between November 2014 and January this year and found due diligence
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