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499 media releases found matching the topic "Credit"
29 July 2020 MEDIA RELEASE
20-170MR ASIC consults on remaking class order on notification requirements for unlicensed carried over instrument lenders and clarification of credit disclosure obligations

ASIC today released a consultation paper (CP 331) proposing to remake two class orders that are due to expire (‘sunset’) on 1 October 2020 and 1 ...

9 July 2020 MEDIA RELEASE
20-159MR ASIC consults on second product intervention order to stop continuing consumer harm

ASIC has released Consultation Paper 330 (CP 330) on the proposed use of its product intervention power to address significant detriment it has ...

26 June 2020 MEDIA RELEASE
20-149MR ASIC’s responsible lending appeal dismissed by the Full Federal Court

On 10 September 2019, ASIC filed an appeal with the Federal Court of Australia against the decision of the Honourable Justice Perram regarding ASIC’s ...

25 June 2020 MEDIA RELEASE
20-148MR ASIC approves temporary COVID-19 changes to the Banking Code

ASIC has approved a variation of the Banking Code of Practice (Code). The variation, as proposed by the Australian Banking Association (ABA), ...

24 June 2020 MEDIA RELEASE
20-146MR ASIC publishes new regulatory guidance for mortgage brokers

ASIC has today published regulatory guidance to assist in the application of the new best interests duty for mortgage brokers, which comes into ...

12 June 2020 MEDIA RELEASE
20-134MR Industry funding: ASIC publishes Cost Recovery Implementation Statement 2019-20 for feedback

ASIC today published its draft Cost Recovery Implementation Statement (CRIS) 2019-20. The CRIS details ASIC’s actual regulatory costs for 2018-19 and ...

11 June 2020 MEDIA RELEASE
20-131MR ASIC’s Interim Corporate Plan for 2020-21

ASIC has today published its Interim Corporate Plan, which sets out five priorities to tackle the challenges presented by the COVID-19 pandemic: ...

5 June 2020 MEDIA RELEASE
20-129MR CBA to pay $5 million over the AgriAdvantage Plus Package – Royal Commission case study

The Federal Court of Australia has ordered CBA to pay a $5 million penalty after the Court found that CBA had breached the ASIC Act and Corporations ...

29 May 2020 MEDIA RELEASE
20-123MR Court declares Bendigo and Adelaide Bank contract terms unfair

The Federal Court of Australia has declared several terms within six small business contracts used by Bendigo and Adelaide Bank to be unfair. The ...

27 May 2020 MEDIA RELEASE
20-119MR Lending officer convicted of giving misleading information

Bassem Fares of Sydney, New South Wales, has been convicted of giving misleading information. Mr Fares created misleading documents, which were then ...

Last updated: 23/03/2016 03:08