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Resimac Group Limited (ASX:RMC)

ALERT: Price-sensitive ASX Announcement for RMC
Current share price for RMC : $0.805 -0.045 (-5.29%)+
Announcement
Release
21 May 2025 8:24AM
Price at Release
$0.850
Full Release
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Summary
Resimac Group Limited has acknowledged proceedings commenced by the Australian Securities and Investments Commission (ASIC) in the Federal Court of Australia. The proceedings relate to the responsible lending obligations in connection with certain home loans originated through Resimac's lending channels. Resimac is reviewing the ASIC proceedings and intends to cooperate with the process, and the company notes that it takes its regulatory obligations seriously. The announcement emphasizes that Resimac will continue to keep the market informed of any material developments related to this matter.
Key Points
  • Resimac Group Limited acknowledges ASIC's Federal Court proceedings.
  • Proceedings concern responsible lending obligations regarding home loans.
  • Resimac is reviewing the ASIC proceedings and will cooperate.
  • The company affirms its commitment to regulatory compliance.
  • Resimac will update the market on any material developments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.