June 23 (Reuters) - Australian Securities and Investments Commission:
* COMMENCED CIVIL PENALTY PROCEEDINGS IN FEDERAL COURT AGAINST CBA AND UNIT, COLONIAL FIRST STATE INVESTMENTS
* CIVIL PENALTY PROCEEDINGS REGARDING ALLEGED CONFLICTED REMUNERATION PAID BY CFSIL TO CBA BETWEEN 1 JULY 2013 & 30 JUNE 2019
* ALLEGES THAT MORE THAN $22 MILLION IN CONFLICTED REMUNERATION WAS PAID BY CFSIL TO CBA FOR DISTRIBUTION OF A SUPERANNUATION PRODUCT ISSUED BY CFSIL Source ( https:// Further company coverage: CBA.AX