ASIC v Green County Pty Ltd

civil penalty12 Dec 2025Penalty $405K

Respondent

Green County Pty Ltd

Facts

Business lender with no credit licence. It made four loans to two vulnerable consumers on the strength of business-purpose declarations without proper enquiries, so the borrowers lost Credit Code protections.

Outcome

The Federal Court ordered Green County Pty Ltd to pay a civil penalty of $405,000 (12 December 2025).

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Read the source

https://www.asic.gov.au/about-asic/news-centre/find-a-media-release/2025-releases/25-301mr-business-lender-and-loan-introducer-together-penalised-515-000-over-credit-law-breaches

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