August 12, 2016 BY Valentina Kirilova

ASIC bans former NSW director of Australian financial services licensee from financial services and credit activities

ASIC has permanently banned the former director of an insurance broking company, Timothy Charles Pratten of New South Wales, from providing financial services and from engaging in credit activities. Mr Pratten was banned after being convicted on seven counts of dishonestly obtaining a financial advantage from the Commonwealth by deception. This conviction followed an investigation…

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