January 12, 2018 BY Valentina Kirilova

ASIC acts against Melbourne-based financial services and credit business

The Federal Court of Australia informed that it has made interim orders restraining Financial Circle Pty Ltd (Financial Circle) from engaging in a number of activities including carrying on a financial services business, providing financial advice or entering into credit contracts. ASIC commenced proceedings in the Federal Court against Financial Circle on 15 December 2017…

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