Australian Securities and Investments Commission v MLC Limited
| Jurisdiction | Australia Federal only |
| Judgment Date | 18 May 2023 |
| Neutral Citation | [2023] FCA 539 |
| Date | 18 May 2023 |
| Court | Federal Court |
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1 firm's commentaries
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Claims handling as a financial service: ASIC seeks and obtains penalties against insurer for breach of its claims handling obligations
...recent decision of Australian Securities and Investments Commission v MLC Limited [2023] FCA 539 the Federal Court of Australia imposed a significant financial penalty against a life insurer for breaches of the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act) and t......