Articles tagged with 'financial hardship' | ASIC

ASIC news hub (financial hardship)

2020
01
October
2020
| 16:59 Australia/Sydney
Banks and lenders are contacting small business customers whose loan repayment deferrals are expiring. Contact your bank or lender if you have deferred your business loan repayments Support and resources are available to Australian businesses imp...
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11
September
2020
| 09:00 Australia/Sydney
Visit ASIC's Moneysmart for resources and information on financial hardship. Visit ACCC's Scamwatch for information about COVID-19 scams. Visit Moneysmart for information on insurance including life insurance and travel insurance. ...
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26
August
2020
| 14:59 Australia/Sydney
As an investor, you may still be able to access your money if you’re experiencing financial hardship – contact your responsible entity for more information. Freezing a fund does not always mean that distributions, such as income payments, have sto...
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20
August
2020
| 12:29 Australia/Sydney
Mortgage repayment deferrals due to COVID-19 are expiring soon. ASIC encourages all lenders to continue working with customers to find solutions that are right for them. Lenders should develop solutions for customers that are sustainable and can ...
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23
June
2020
| 09:06 Australia/Sydney
September will mark the end of COVID-19 loan deferrals and payment schemes. ASIC asks banks and lenders to work with their customers in the lead-up to September. ASIC taskforces are targeting false and misleading advertising, scams, and the appro...
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29
April
2020
| 14:41 Australia/Sydney
ASIC is closely monitoring how lenders are assisting consumers who are experiencing financial difficulties due to COVID-19. Lenders who have concerns or questions about ASIC’s expectations should contact ASICHardship@asic.gov.au.  ...
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29
April
2020
| 09:00 Australia/Sydney
Industry has written to ASIC seeking guidance on a number of matters around regulation of lending during COVID-19. ASIC has responded to provide clarity on issues of hardship, responsible lending and communication. ...
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