January 17, 2017 BY Valentina Kirilova

AFS licence cancelled after Core Insurance fails to lodge financial statements and auditor reports

ASIC has cancelled the Australian Financial Services (AFS) licence of Sydney based company Core Insurance Pty Ltd for failing to lodge financial statements and auditor reports for a period of two years. This is in breach of both its legal obligations and licence conditions. ASIC Deputy Chair Peter Kell said: Licencees are required to lodge…

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