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Westpac Case Gives ASIC a Reality Check

ASIC News

Westpac Case Gives ASIC a Reality Check

In a turn of events that surprised even QED, on Tuesday the judgment in the landmark ASIC v Westpac responsible lending case was handed down in resounding favour of Westpac.

Notwithstanding any appeal, the judgement has a resounding impact on how se...

What is Compliance?

FAQsLiam Brown

What is Compliance?

Compliance by definition is "conformity in fulfilling official requirements". Brokers are well aware of the existence of the regulations set through legislation and the ASIC exist, and they understand that they must be compliant with them. However, It ...

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