Former Aussie representative has pled guilty to violating his permanent barring from the industry
The group was accepting client referrals from a mortgage group not licenced to provide financial services
Required financial firms must sign up to the new scheme by 21 September
The broker was investigated in relation to his brokering of motor vehicle finance contracts
ASIC issued three infringement notices to the company, which offers mortgage refinancing
The bank follows ANZ in paying a community benefit of $3million, plus compensation to customers
ASIC has accepted an enforced undertaking for ANZ to pay back $3m on top of millions already paid
The new position aims to assist the ASIC's operation as a world class regulator, says minister