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ASX to slip: ASIC sues ANZ over home loan referrals – Markets – The Australian Financial Review

Australian shares set for a muted open; AMP to recognise $325m of impairments; ANZ acknowledges ASIC proceedings; Nuix CEO to…

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ASIC has commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan introducer program and from unlicensed individuals outside the program.
The program involved home loan referrals…

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