CBA fined $150,000 for increasing problem gambler’s credit card limit
ASIC 2020-10-23 5:30 pm By Miklos Bolza Sydney
Please login to bookmark Close

The Commonwealth Bank of Australia has been fined $150,000 after a Federal Court judge found the bank had breached the law by increasing a problem gambler’s credit card limit but that the conduct was “not systematic, deliberate or covert”.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

For information on rights and reprints, contact subscriptions@lawyerly.com.au