General
ASIC sues Westpac’s RAMS over alleged systemic misconduct writing home loans
Corporate regulator ASIC has sued RAMS, alleging it engaged in systemic misconduct when arranging home loans.
ASIC has accused the now-defunct Westpac brand of breaching its obligations under credit laws and engaging in “widespread unlicensed conduct” between June 2019 and April 2023.
The…
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