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519 media releases found matching the topic "Credit"
8 January 2021 MEDIA RELEASE
21-003MR ASIC approves variations to the Banking Code

ASIC has approved variations to the Banking Code of Practice (Code). The variations, as proposed by the Australian Banking Association (ABA), do the ...

11 December 2020 MEDIA RELEASE
20-320MR ASIC releases regulatory guide on product design and distribution obligations

ASIC today released a new regulatory guide on the product design and distribution obligations (RG 274), following extensive consultation. The design ...

3 December 2020 MEDIA RELEASE
20-308MR ASIC consults on consumer remediation guidance

ASIC has today released a consultation paper on proposed updates to Regulatory Guide 256: Client review and remediation conducted by advice ...

2 December 2020 MEDIA RELEASE
20-306MR Finance broker convicted of making false statements to ASIC

Mr Guodong Liu, a mortgage broker and director of Wealth Investment Milestone Pty Ltd (WIM) and Aus Mortgage Pty Ltd (AUS), from Rhodes, New South ...

1 December 2020 MEDIA RELEASE
20-305MR ASIC commences proceedings against CBA for overcharged interest – Royal Commission case study

ASIC has today commenced civil penalty proceedings in the Federal Court against the Commonwealth Bank of Australia (CBA) for charging a rate of ...

19 November 2020 MEDIA RELEASE
20-291MR ASIC consults on reference checking and information sharing protocol

ASIC today released a consultation paper seeking feedback on a new reference checking and information sharing protocol for financial advisers and ...

16 November 2020 MEDIA RELEASE
20-280MR ASIC releases latest data on buy now pay later industry

ASIC has published a new report on the buy now pay later industry which has grown substantially since ASIC’s initial review. The total amount of ...

10 November 2020 MEDIA RELEASE
20-274MR ASIC seeks further feedback on the proposed intervention order for continuing credit contracts

ASIC is seeking further feedback on its proposed use of its product intervention powers to address significant detriment in relation to continuing ...

30 October 2020 MEDIA RELEASE
20-263MR CBA ordered to pay $150,000 for credit limit increase provided to problem gambler: Royal Commission case study

The Federal Court has ordered the Commonwealth Bank of Australia (CBA) to pay a $150,000 penalty after the Court found the bank breached the ...

29 October 2020 MEDIA RELEASE
20-259MR ASIC bans New South Wales mortgage broker and cancels company credit licence

ASIC has banned Bonnyrigg Heights mortgage broker Nee Tanner from engaging in credit activities for five years. ASIC has also cancelled the credit ...

Last updated: 23/03/2016 03:08