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Although the role of a responsible manager of a financial services licensee is not specifically defined in the Corporations Act, ASIC has announced it has specifically banned two responsible managers of a licensee from providing financial services for a period

ASIC has announced it has commenced legal action against Finder Wallet Pty Ltd, a subsidiary of comparison website, for allegedly providing unlicensed financial services, breaching product disclosure requirements and failing to comply with design and distribution obligations in relation