AFCA provides update to victims of Latitude cyber-attack
AFCA today provided an update to people with complaints in relation to the Latitude Financial Group cyber-attack.
AFCA today provided an update to people with complaints in relation to the Latitude Financial Group cyber-attack.
ASIC has cancelled the Australian financial services (AFS) licence and Australian credit licence of Ultiqa Lifestyle Promotions Limited.
AFCA has provided an update to people with complaints concerning the Latitude Financial Group cyber-attack.
The Australian Financial Complaints Authority (AFCA) has dashed the hopes for compensation of the victims of Union Standard International Group Pty Ltd (USG).
Australia’s financial dispute resolution scheme has for the first time recorded 100,000 complaints in a calendar year.
Among derivatives dealers, FTX Australia (currently in administration) tops the list with 65 complaints.
AFCA will now review complaints against insolvent financial firms and other complaints that have been on pause.
The CSLR will facilitate compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority.
It will remain possible to lodge a complaint with AFCA in relation to Binance until AFCA cancels its membership.
ASIC has cancelled the Australian financial services (AFS) licence of the AFSL Group Pty Ltd.