ASIC sues ANZ over ‘introducer program’ home loan referrals
ASIC has commenced proceedings in the Federal Court against Australia and New Zealand Banking Group Ltd (ANZ) for breaches of the Credit Act arising from referrals through its home loan ‘introducer program’ and from unlicensed individuals outside the introducer program. The program involved home loan referrals to ANZ from third party “introducers” from various professions, …
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