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Showing 31 - 40 of 41 results for "Australian Credit Licence"

ASIC cancels Sydney broker licence

ALEX BURKE  |  THURSDAY, 7 MAY 2015
... of sale exemption, ASIC cancelled her licence. "Those offering credit under an exemption to hold an Australian credit licence must adhere to the bounds of the exemption," ASIC deputy chair Peter Kell said. "ASIC will act against those who fail in this ...

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
... unwittingly providing financial services without an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves up for investigation by the regulator, according to The ...

ASIC suspends advice firm for three months

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
... clients their licence has been suspended and what that means. In July 2014, ASIC cancelled the group's Australian credit licence following concerns it failed to continue to be a member of an external dispute resolution scheme.

ASIC permanently bans former finance broker

HARRY PAGE  |  THURSDAY, 10 JUL 2014
... application. Frugtniet is a former director of Unique Mortgage Services (UMS) and was the key person for UMS' Australian credit licence. He was found to have made false statements on Newstart allowance forms and made a false declaration to the Migration ...

ASIC cancels Capital Advisers' licence

LAURA MILLAN  |  THURSDAY, 13 FEB 2014
... Financial Services (AFS) licence of Capital Advisers. The regulator also cancelled Capital Advisers' Australian credit licence following concerns that the group was unable to comply with its licence conditions and it subsequently going into voluntary ...

Chambers enters into administration, loses AFSL

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
... (AFSL) cancelled by the Australian Securities and Investments Commission (ASIC). ASIC also cancelled the Australian credit licence of Chambers after it ceased to engage in credit activities and failed to obtain professional indemnity insurance. The regulator ...

Countplus makes expansion plans

ALICE URIBE  |  MONDAY, 29 APR 2013
... Hood Sweeney continued to operate independently under its own Australia Financial Services Licence and Australian Credit Licence. The company said that the benefit of the expansion of the part-ownership model would be to release some cash in the first ...

Same Day Money loses credit licence

LAURA MILLAN  |  MONDAY, 11 MAR 2013
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Credit Licence (ACL) of Cairns-based business Same Day Money. Same Day Money director Lawrence James Sullivan has also been banned from engaging in credit activities ...

Countplus partners with Hood Sweeny

LINDA HAUSKEN  |  TUESDAY, 16 OCT 2012
... Sweeney will continue to operate independently under its own Australia Financial Services Licence and Australian Credit Licence. Barry Lambert executive chairman at Countplus said he was pleased to welcome Hood Sweeny as an extension of its national ...

Six year ban for mortgage broker

LINDA HAUSKEN  |  THURSDAY, 11 OCT 2012
... was submitted, he was not working and had no income," added ASIC. In addition, ASIC has cancelled the Australian credit licence held by Property and Gearing.Com, previously known as Australian Finance Club. While Halvorsen is not a director of Property ...