CORRECTED-Australia regulator allowed insurer to avoid fine over misleading ads
12 Sep CORRECTED-Australia regulator allowed insurer to avoid fine over misleading ads
Posted at 04:19h
in
News
by KMFSLLP
Australia’s corporate regulator
allowed an insurer to make a A$300,000 community donation to
resolve cases of misleading advertising which could have drawn
fines of up to A$8 million ($5.7 million), an inquiry into
financial sector misconduct heard on Thursday.
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