Consumer Credit regulatory updates from Australia.
Collection agency company director loses appeal against conviction for obtaining a financial advantage by deception
RAMS penalised $20 million for widespread compliance failings regarding home loans
ASIC cancels Australian credit licence of GS-APAC Pty Ltd
ASIC successfully defends special leave application to the High Court by Cigno Australia director Mark Swanepoel and BSF Solutions director Brenton Harrison
ASIC drives car finance providers to improve consumer outcomes
ASIC disqualifies NSW hospitality director for five years
Former director of private lending companies permanently banned over fraud conviction
ASIC issues DDO stop order against City Finance Lending Pty Ltd
ASIC issues DDO stop order against FXCM for TMD deficiencies
Business lender and loan introducer together penalised $515,000 over credit law breaches
ASIC bans Sydney mortgage broker for ten years and cancels her Australian credit licence
ASIC suspends Australian credit licence of Transitional Funding Pty Ltd
ASIC secures nearly $40 million in refunds to investors and drives change after CFD sector falls short