SP1 0.00% $1.07 southern cross payments ltd

ISX Letter to Shareholders regarding ASIC's win against unlicensed binary operators, page-43

  1. 3 Posts.
    in respect to the judgement it appears points 146->148 are saying that a payment service does not offer a financial service and doesn't need the same licensing.

    I guess the question is: Is the payment service liable for the issues of the client it provides the service for (particularly when that client was operating with a licence at that time)?
 
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