Day: February 2, 2024

Inquiry into insurers’ responses to 2022 major floods claims

Check against delivery My name is Alan Kirkland and I’m an ASIC Commissioner joining you from Sydney. I am joined by Nathan Bourne, the Senior Executive Leader of our Credit, Banking and General Insurance team within ASIC’s Regulatory & Supervision Division. At the risk of stating the obvious, the issues being examined by this inquiry …

Inquiry into insurers’ responses to 2022 major floods claims Read More »

ASIC accepts court enforceable undertaking from buy now, pay later provider Elepay

ASIC has accepted a court enforceable undertaking from buy now, pay later provider Elevare Pay Easy Pty Ltd, trading as Elepay. Elepay offers funding to property owners for expenses relating to the preparation of their property for sale, including home improvements and renovation, design and marketing. Elepay’s buy now, pay later products do not include …

ASIC accepts court enforceable undertaking from buy now, pay later provider Elepay Read More »