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ASIC wins hard-fought case against payday lenders after High Court challenge
Financial Services 2023-07-12 9:31 pm By Cindy Cameronne

ASIC has won orders declaring that Gold Coast-based BHF Solutions and Cigno needed a credit licence to issue loans to hundreds of thousands of customers, […]

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High Court won’t hear appeal by payday lenders Cigno, BHF
High Court 2022-12-15 8:43 pm By Cat Fredenburgh

The High Court won’t hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can’t […]

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ASIC says judge should not wait on High Court in case against payday lenders
Financial Services 2022-07-29 11:18 pm By Christine Caulfield

The corporate regulator will challenge a bid by payday lenders Cigno and BHF to stay its case pending their appeal to the High Court. Counsel […]

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Full Court decision could ensnare buy now, pay later schemes, High Court told
High Court 2022-07-27 11:37 pm By Sam Matthews

Payday lenders Cigno and BHF have filed High Court challenges to a judgment which found they could not bypass lender obligations contained in the Credit […]

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ASIC appeals ruling in case against payday lenders Cigno, BHF Solutions
Financial Services 2021-07-20 9:09 pm By Cindy Cameronne

ASIC is challenging the dismissal of its enforcement action against payday lenders Cigno and BHF Solutions in a decision that found the companies did not […]

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Judge tosses ASIC’s case against payday lenders Cigno, BHF
Financial Services 2021-06-23 9:47 pm By Cindy Cameronne

A court has dismissed ASIC’s enforcement action against payday lenders Cigno and BHF Solutions, finding the companies did not need a licence to issue loans […]

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Cigno, BHF say they did not need a licence for payday loans
Financial Services 2020-11-03 3:41 pm By Miklos Bolza

Facing an ASIC enforcement action over alleged breaches of Australian credit laws, payday lenders BHF Solutions and Cigno claim they did not need a licence […]

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