ASIC v CBA (mortgage broker dual-status)
court judgment15 Sept 2024
Respondent
Commonwealth Bank of Australia
Facts
ASIC proceedings on mortgage broker best interests duty + appropriate-product test.
Outcome
Proceedings advanced; remediation programs initiated.
Read the source
https://asic.gov.au/about-asic/news-centre/find-a-media-release/Rules Mate links to the regulator's own publication. We do not republish full decision text. Always verify the latest status against the source before acting.