Use of CBA app for notice of $7M penalty in ASIC case not appropriate, judge says

Financial Services 2021-08-16 2:50 pm By Christine Caulfield | Melbourne

A judge has refused to order Commonwealth Bank of Australia to publish notice of a $7 million penalty in a case brought by ASIC on its mobile app, but the bank will have to alert customers to its misconduct on its website and online newsroom.