January 04, 2017 BY Valentina Kirilova

ASIC cancels Vontelle Pty Ltd credit licence

ASIC has cancelled the Australian credit licence held by Vontelle Pty Ltd (Vontelle). ASIC found that from around September 2016, Vontelle had not complied with its obligation to maintain the competence to engage in credit activities. In particular, ASIC was concerned that although Mr James David Gibbs was listed as the key person for the…

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