Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 9 of 9 results for "National Credit Act"
Brisbane broker permanently banned
ALLY SELBY  |  TUESDAY, 11 AUG 2020
... lodged on the client's behalf. ASIC also found that Gordon failed to comply with his obligations under the National Credit Act after he refused to give effect to a determination made by AFCA requiring him to pay an amount to the complainants. In addition ...
ASIC will not appeal wagyu and shiraz decision
ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... Federal Court decision has for that guidance. "Any reform of the National Consumer Credit Protection Act (National Credit Act) to clarify further the enforcement of those principles is ultimately a matter for the Federal Government and Parliament. "Bearing ...
ASIC refuses just 3% of AFSL relief applications
HARRISON WORLEY  |  WEDNESDAY, 24 JUN 2020
... helped the law "work better for business" by granting 619 applications for relief from the Corporations Act and National Credit Act during the six month period. ASIC said the relief had a "net regulatory benefit" by facilitating business and cutting ...
CBA in court over RC case studies
ELIZABETH MCARTHUR  |  MONDAY, 16 MAR 2020
... alleges CBA contravened the responsible lending provisions of the National Consumer Credit Protection Act 2009 (National Credit Act) when it lent to a customer, David Harris, who had notified the bank he was a problem gambler. The action against CBA ...
Royal Commission could lead to credit crunch: UBS
ALEX BURKE  |  WEDNESDAY, 28 MAR 2018
... boards and management will move further to tighten underwriting standards to ensure they fully comply with the National Credit Act regarding responsible lending," the report said.
DomaCom and ASIC reach agreement on retirement products
JAMIE WILLIAMSON  |  WEDNESDAY, 13 SEP 2017
... clients will be required to obtain legal advice and comply with other provisions currently applicable under the National Credit Act. Retirees will be protected, with the DomaCom SER product providing security that they can remain in their home as long ...
Finance broker gets 6 month ban
STAFF WRITERS  |  WEDNESDAY, 16 OCT 2013
... 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 the licensing anniversary of his Australian ...
ASIC takes action against diamond trading scheme
LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
... 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 legislation, in particular ...
Former mortgage broker convicted
MARK STORY  |  FRIDAY, 25 JAN 2013
... 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 information and ...
PAGE:
1
Link to something spfMhm77