Australian Credit Licensing (ACL) Forum

Home Forums Australian Credit Licensing (ACL) Forum Deceptive Behaviour and Culpability

This topic contains 0 replies, has 1 voice, and was last updated by 1 month, 1 week ago.

Viewing 1 post (of 1 total)
  • Author
  • #5983 Reply

    How is it viewed by the law when a Responsible Manager has been deceived by his team?

    For example, the RM has asked questions or required things to be done. The team members answer or confirm things that aren’t true, but the RM takes it at their word.

    Would the law consider the RM to be at fault and therefore culpable, or would the entire responsibility lie with the deceptive parties?

Viewing 1 post (of 1 total)


Reply To: Deceptive Behaviour and Culpability

Your information:

<a href="" title="" rel="" target=""> <blockquote cite=""> <code> <pre> <em> <strong> <del datetime=""> <ul> <ol start=""> <li> <img src="" border="" alt="" height="" width="">

  • Free answers to common Financial Services Regulation (FSR), Consumer Credit and AML/CTF issues.

    Click here to join our LinkedIn group for responsible managers and compliance professionals.
  • trex

    Tailored Regulatory Exchange

    what is this and does it bite ?

    Find OutLogin

  • Legal Advice

    Review your AFSL or ACL disclosure documents, conduct a licensee audit and more…

    Get Legal Advice

  • Compliance support

    Responsible Manager Training, AFSL, and ACL applications and variations and more…

    Compliance support