Members of the public who invested in an unauthorised collective investment scheme established and operated by Synergy Land Group Limited, between late 2009 and May 2011, will now receive money back after the High Court granted a distribution order to the FCA. The FCA has recovered approximately £27,000 after Samuel Exall, Synergy’s Director, was ordered …
The number of adults who missed bills or loan payments in at least three of the last six months has also gone up by 1.4 million, from 4.2 million to 5.6 million over the same period. The FCA has repeatedly reminded firms of the importance of supporting their customers and working with them to solve …
Help is available for those who need it, says FCA Read More »
ASIC has commenced civil penalty proceedings in the Federal Court against car finance provider Money3 Loans Pty Ltd (Money3) alleging breaches of its responsible lending obligations when providing finance for the purchase of second-hand vehicles. ASIC Deputy Chair Sarah Court said, ‘Taking strong action against credit providers who we consider have failed to consider the …
ASIC sues Money3 Loans for responsible lending breaches Read More »
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