ASIC to appeal Westpac responsible lending Federal Court decision
ASIC has filed an appeal with the Full Federal Court of Australia against the decision of the Honourable Justice Perram regarding ASIC’s allegations against Westpac Banking Corporation (Westpac) for contraventions of responsible lending provisions of the National Consumer Credit Protection Act 2009 (Credit Act). On 1 March 2017, ASIC commenced Federal Court proceedings alleging, during …
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