ASIC, NAB clash over $10M penalty exposes ‘vague status’ of concise claims, judge says
ASIC 2023-06-06 3:53 pm By Sam Matthews | Melbourne
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NAB has told a court it should pay a $2 million penalty — not the $10 million proposed by ASIC  — for engaging in unconscionable conduct by overcharging customers, saying the exact words used in the regulator’s concise statement accuse it only of a single contravention.

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