AAT affirms Australian Credit Licence cancellation and banning order
On 25 October 2019, the Administrative Appeals Tribunal (AAT) affirmed ASIC’s decision to ban Ms Meenakshi Devi Callychurn, a former Victorian finance broker, from engaging in credit activities for five years from 27 February 2015, and to cancel the Australian Credit Licence of her finance and mortgage broking business, Unique Mortgage Services Pty Ltd (UMS). …
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