Undertaking date
Undertaking type
s.87B undertaking
Reference number
D99/17120
Section
ss. 53(aa), 53(c) & 53(g)
Company or individual details
-
Name
Bank of Western Australia LimitedACN
050 494 454
Undertaking
False or misleading representations in relation to home loans offered by non-bank lenders.
Undertakings given to:
- launch advertising offering compensation to customers who believe they were misled;
- review its internal trade practices compliance program; and
- develop a pamphlet for intending home buyers on the home loan financial services of bank and non-bank lenders