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ASIC takes major bank to court

ASIC has commenced civil penalty proceedings against one of the big four banks, seeking finding of several thousand contraventions of the ASIC Act and the Corporations Act.

ASIC takes major bank to court
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  • Shared by Nestegg
  • December 19, 2019
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ASIC alleged that from December 2013 to February 2019, the National Australia Bank engaged in fees for no service conduct.

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