黄大仙免费资料大全 (Australia's big banks broke laws and failed public, inquiry reveals

SYDN【跑狗收网995996高清跑狗图 】EY (Reuters) - Austral【新版管家婆波色诗 】ia’s top banks routinely and 【跑狗图暗码在哪里看 】repeatedly breached laws when issuing home loans, credit cards and other consumer loans, accor【平码走势图记录 】ding to a scathing summary of the first round of hearings at the country’s inquiry into 【神童平特一肖彩图127期 】financial misconduct. Rowena Orr, barrister assisting the judicial 【管家婆2017年正版彩图 】inquiry, said on Friday the misconduct foun【2020年管家婆三肖必中特 】d in subpoenaed confidential records and through public examination of bank executives included several instances of breaches of the Corporations【2o17年六和合56期玄机图 】 Act and the National Credit Act. “【香港马会开奖记录2015 】Over 【4961一字,拆一肖1( 】the【花开打一生肖 】【局王七星彩图纸 2020 】 last two weeks the commission has received evidence of【六开彩视频软件开奖 】 misconduct and conduct falling below community standards and expectations by a number of financial services entities, Orr told【2016年八仙过海玄机图 】 the inquiry. Some of the examples included: selling insurance to thousands of people who could not claim it; offering bonuses and incentives that encouraged bankers to engage in fraudulent lending practices; and giving car yards higher commissions for selling higher-rate auto loans. In 【香港免费中特大包围 】summary, the inquiry found that the banks failed 【养殖麋鹿价格 】to act honestly and fairly, as required by law 【香港 六 彩开奖现场开奖结果 】and breached their obligations to lend【香港今天挂牌特码 】 responsibly. The bank【2020年115期新老跑狗 】s have the op

portunity to respond to the Roya【54.hk赛马会开奖结果 】l Commission, as the year-long inquiry is called, which is due to publish an i

nterim report by September. Its final recommendations could lead to criminal or civil prosecutions as well as gre

ater regulation on the financi【本站四肖期期准下载 】al

sector, which includes the ‘Big Four’ lend【今期跑狗玄机图今期跑狗玄机图 】ers - National Austra【白小姐解释跑狗图 】lia Bank, Commonwealth Bank 【王中王四码爆特2015 】of Australia, Australia and New Zealand Banking【四肖期期准四肖长期免费公开 】 Gro

up and Westpac Banking Corp. The int【15码跑狗图 】erim summary was focused on instances of misconduct by the consumer credit units of several major 【香港正版免费资料大全跑狗图报 】financial institutions including ANZ, CBA, NAB 【2017年88期彩霸王745888con 】and Westpac. The center-right governmen【王中王+心水+高手+富贵论坛 】t reluctantly agreed to order the inquiry last year in response to a series of ba【平特肖二期极限公式大全 】nking scandals, including interest-rate【111159四肖中特料 】 rigging and breaches of anti-money lau【马会内部玄机资料一字解特码彩图 】nder【天下彩票tx49香港资料 】ing laws by CB【新一代9跑狗图 】A. FALSIFIED DOCUMENTS Earlier in the day, Westpac disclosed to the inquiry 55 new 【香港2020年新版跑狗图 】instances where staff fa【高清跑狗2016年114 】lsified

or accepted falsified documenta

tion linked to home loan applications over the pas【2020年葡京赌侠生肖八句诗 】t few year【二中二复式计算器在线 】s. The inquiry also heard on Friday that Westpac offered credit card limit increases to mo【生肖卡2016马报 】re than tw【码会传真一句中特诗 】o million potentially vulnerable people without making minimum checks about whether they ha【点波王彩图 】d a job and could afford to

repay【2020年老版跑狗图124期 】 the debt. As a result, the bank derived A$23 million ($17.74 million) in profits but th【2020小鱼儿论坛 】ousands of people were left【2017开奖直播现场香港 】 in financial difficulty, the inquiry revealed. The Australian Securities and Investments Commision (ASIC) raised Westpac’s lending practices with the banking【香港147正版四不像 】 in【2019年全年四肖四码送 】dustry lobby group as early as 2012, but【正版跑狗图147期 】 the ban【家禽野兽网址官网 】k ignored the regulator&rsqu【彩库宝典专家资料是真的吗 】o;s concerns and its threats of legal action. &ldq【救世网2014黄大仙特码资料大全 】uo;Of the big four banks, Westpac appears most resistant to ASIC 【2020年四十八期跑狗图 】and the laws we administer, according to a 2015 ASIC memo about a meeting it held with Westpac Chairman Lindsay Maxsted, which was disclosed in the inquiry. The inquiry

will reconvene in April to assess the scandal-hit financial advice and wealth management sectors. ($1 = 1.2967 Australian dollars)

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