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Australia and New Zealand Banking : ASIC civil penalty proceeding relating to ANZ's Breakfree package and offset calculations

12/08/2021 | 04:42pm

ANZ today acknowledged the Australian Securities and Investments Commission (ASIC) has commenced a civil penalty proceeding relating to benefits including fee waivers and discounts not being applied under ANZ's Breakfree package, as well as system errors impacting offset account calculations.

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ANZ - Australia & New Zealand Banking Group Ltd. published this content on 09 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2021 21:41:13 UTC.

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