Corporate watchdog ASIC to make use of powers that are new payday loan provider Cigno

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The organization regulator has established it’s going to wield brand brand new abilities the very first time in a bid to power down a controversial online lender that is payday.

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The australian Securities and Investments Commission (ASIC) was given the ability to ban or change financial products where there was a risk of causing harm to consumers under laws brought in before the federal election. Continue Reading ->