<h2>KEY POINTS </h2>
<ul>
<li>Cost-of-living pressures, climate change and rapid technological transformation are impacting consumers’ needs and the ways in which they navigate the financial services markets.</li>
<li>ASIC is working to support better outcomes for consumers by addressing the most significant threats and harms arising from these global trends, as they relate to our regulatory environment.</li>
<li>This includes our continued focus on financial hardship, with the release this week of our report on the hardship practices of 10 large home loan lenders.</li>
</ul>
Centrepay Reform Targeting Exploitation miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
ASIC Bans Retailer From Centrepay for Targeting Vulnerable Indigenous Customers theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.
Whether ‘racist’ or reasonable, ASIC’s final stop order preventing Urban Rampage from signing up customers to Centrepay credit arrangements is a landmark use of its Design and Distribution Obligation powers.