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What's behind ASIC filing a lawsuit against HSBC? 

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The consumer watchdog ASIC has filed a lawsuit against HSBC over allegations of failing to protect hundreds of customers in a widespread phone scam. In a statement, a spokesperson from the banking giant says protecting customers "remains a top priority", insisting the company continues to make investments into "scam prevention, detection, and response."

For more, ASIC Acting Chair, Sarah Court joins.

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