Nov 29 (Reuters) - Australia's ASIC:
- UPDATES ON ASIC’S PROCEEDING AGAINST COMMONWEALTH BANK FOR MISLEADING CONDUCT OVER MONTHLY ACCESS FEES DISMISSED
- ALLEGED BETWEEN 1 JUNE 2010 AND 11 SEPTEMBER 2019, CBA INCORRECTLY CHARGED MONTHLY ACCESS FEES TO CUSTOMERS WHO WERE ENTITLED TO FEE WAIVERS
- FEDERAL COURT DISMISSED PROCEEDINGS BROUGHT BY ASIC ALLEGING CBA ENGAGED IN MISLEADING OR DECEPTIVE CONDUCT
- COURT FOUND CBA HAD NOT BREACHED GENERAL OBLIGATION TO DO ALL THINGS NECESSARY TO ENSURE FINANCIAL SERVICES WERE PROVIDED EFFICIENTLY, HONESTLY
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News: CBA Australia's ASIC Says Court Dismissed Proceedings Brought By ASIC Alleging CBA Engaged In...
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Last
$185.36 |
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Mkt cap ! $310.1B | |||
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