ASIC accepts court enforceable undertaking from iExtend
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company Pty Ltd and iExi Pty Ltd (iExtend) after investigating concerns they were operating a financial services business without an Australian financial services (AFS) licence. ASIC’s investigation revealed that iExtend was offering to pay people’s life insurance premiums in exchange for a portion of the …
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