From ASIC: ASIC has today commenced civil penalty proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for a number of contraventions of the responsible lending provisions of National Consumer Credit Protection Act 2009 (Cth) (the National Credit Act). ASIC alleges that in the period between December 2011 and March 2015 Westpac failed to … Continue reading Westpac charged with irresponsible lending