ASIC Seeks Penalties from CBA for Overcharged Interest. Due to a systems error, CBA charged more than 1,510 customers a higher interest rate than they were advised, amounting to A$2.2 million in overcharged interest.

ASIC - Australian Securities & Investments Commission

Source

Published on Feb. 17th, 2021 Published on Feb. 17th, 2021

Scenario: Conduct / Client Overcharging

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Sept. 20th, 2021

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