Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 16 of 16 results for "National Consumer Credit Protection Act"

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... adviser under the Corporations Act as well as hold an Australian credit licence (under the National Consumer Credit Protection Act) to be able to provide specific advice on credit products. Only 4% of AFSLs hold a credit licence. In terms of remuneration ...

ASIC successfully files injunction against Melbourne advice provider

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2018
... unconscionable, alleging Financial Circle Pty Ltd breached the Corporations Act 2001, the National Consumer Credit Protection Act 2009 and the Australian Securities and Investments Commission Act 2001, including breaches of the best interests duty and ...

Finance broker gets 6 month ban

STAFF WRITERS  |  WEDNESDAY, 16 OCT 2013
... surveillance found Mr Dryden, who had been trading as 'Gryphon Financial' had contravened the National Consumer Credit Protection Act 2009 (Cth) (National Credit Act). He did this by failing to lodge an annual compliance certificate within 45 days after ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... contracts were designed to camouflage what, in reality, were loan transactions to which the National Consumer Credit Protection Act 2009 (National Credit Act) applied. The diamond contracts were devised with the intention of avoiding consumer credit ...

Former mortgage broker convicted

MARK STORY  |  FRIDAY, 25 JAN 2013
A former NSW-based mortgage broker was yesterday convicted of 10 offences under the National Consumer Credit Protection Act 2009 (National Credit Act). In September 2012 Daniel Nguyen, of Panania, pleaded guilty to 10 offences including providing false ...

Mortgage broker first offender under new law

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
... charges laid against Nguyen, 45, are the first to ever be brought on by ASIC under the National Consumer Credit Protection Act. Nguyen yesterday appeared before the Sydney's Downing Centre Local Court where he admitted to providing false documents to ...
PAGE:
2