ME Bank could face $100M penalty in first of its kind criminal prosecution
ASIC 2021-09-15 10:35 pm By Bianca Hrovat Sydney
Please login to bookmark Close

Members Equity Bank faces a potential multi-million dollar fine if it is found guilty of misleading home loan customers in the first criminal prosecution under the consumer protection provision of the ASIC Act to be tried in the Federal Court.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

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