The HongKong and Shanghai Banking Corporation Limited
The HongKong and Shanghai Banking Corporation Limited has been warned by the Commission for likely breaches of its initial and variation disclosure obligations to borrowers and guarantors under the Credit Contracts and Consumer Finance Act 2003. The Commission considered that the likely breaches of sections 17, 22, 25 and 26 also constituted a likely breach of section 9C.
PartiesThe HongKong and Shanghai Banking Corporation Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act ss 9C, 17, 22, 25, 26
