ASIC Secures $10M Penalty From iSignthis

iSignthis, director hit with $11M in penalties in ASIC case

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me A judge has handed iSignthis and its director $11 million in penalties for failing to give adequate disclosures and giving misleading information to the ASX, saying reliance on legal advice was no reason to reduce the fine. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Reme…

ASIC secures $10M penalty from iSignthis

The Federal Court of Australia has ordered iSignthis Ltd, now known as Southern Cross Payments Ltd, to pay a $10 million penalty.