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Regulator action sees BoQ extend independent expert review

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Australian Broker | 23 Oct 2013, 04:00 AM Agree 0
In response to a request from ASIC, BoQ has agreed to expand the scope of a review into its compliance systems and remediation processes following further reports of errors
  • Positive Broker | 23 Oct 2013, 10:23 AM Agree 0
    mmm, I received an arrears notice from BOQ because my loan switched from interest only to P & I and I was not notified. To be fair their staff are good but perhaps they have other system problems too?
  • Peter (Wishful Thinker) | 23 Oct 2013, 10:28 AM Agree 0
    I wonder if ASIC will suspend BoQ's licence for a period of time e.g. 6 months, as they had either deliberately or accidently profiteered at the expense of consumers. Oh I forgot, they are not a broker.
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