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ASIC to use new powers against short-term lenders

ASIC to use new powers against short-term lenders

Australia’s corporate watchdog has announced its plans to wield its new product intervention powers to address “significant consumer detriment” in the short-term credit industry. 

  • Shared by The Adviser
  • July 10, 2019
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The Australian Securities and Investments Commission (ASIC) has published a consultation paper, CP316, on the proposed use of its new product intervention powers against short-term lenders.

Read more at The Adviser

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