Australia: Australian Securities and Investments Commission filed lawsuit against Snaffle over alleged consumer credit violations
Description
Australian Securities and Investments Commission filed lawsuit against Snaffle over alleged consumer credit violations
On 21 May 2025, the Australian Securities and Investments Commission (ASIC) filed an application in the Federal Court of Australia against Walker Stores, trading as "Snaffle", a buy-now-pay-later online retailer. ASIC alleged that Walker Stores cont…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
judiciary
Government Body
court