All posts tagged "credit licence"
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496Australia & NZASIC Charges Firm for Offering Crypto Loans Without Credit Licence
ASIC has charged Helio Lending for falsely representing that it had a credit licence that allowed it to offer cryptocurrency-backed loans.
April 9, 2022 -
207Australia & NZASIC Sues Credit Firms for Failing to Cooperate with AFCA
Two firms repeatedly engaged in disruptive, aggressive and uncooperative behaviour toward AFCA, a civil penalty offence since April 2019.
August 6, 2021 -
176Australia & NZ
ASIC Appeals Dismissal of Cigno, BHF Solutions Case
ASIC’s appeal seeks judicial clarification on the operation of key obligations under the National Credit Act and National Credit Code.
July 28, 2021 -
195Australia & NZ
Australia Commences New Debt Management Licensing Regime
Providers of debt management services including debt negotiation or credit repair services must obtain a credit licence to continue operating.
July 8, 2021 -
633Australia & NZ
Australia to Require Debt Management Firms to Be Licensed
Firms providing debt management services need to apply to ASIC for a credit licence and become a member of AFCA by 30 June 2021.
May 10, 2021 -
248Australia & NZ
ASIC Data System Illegally Accessed by Malicious Attacker
The affected server was being used to share documents associated with recent credit licence applications, though no forms or attachments are believed to have been accessed.
January 26, 2021 -
665Australia & NZAustralian Court Orders Penalty Against NAB Over Introducer Programme
The penalty was discounted due to NAB’s cooperation with ASIC and its admissions that it contravened the law by using unlicenced home loan referrers.
October 20, 2020 -
517Australia & NZ
ASIC Commences Proceedings Against Cigno, BHF Solutions
Both companies have been providing credit to a large number of consumers and charging "substantial fees", without holding an Australian credit licence.
October 1, 2020 -
1.1KAustralia & NZ
Bill Passes to Enhance ASIC’s Fintech Regulatory Sandbox
Under the amendments, firms will be able to test a wider range of new financial and credit products and services without a licence from ASIC, for a longer time.
February 12, 2020
