Thompson Financing’s ASIC Media Response

ASIC has commenced proceedings against Thompson Financing for allegedly engaging in unconscionable conduct to avoid the National Credit Code.
The allegations relate to complex legal matters which are the subject of dispute.

Thompson Financing maintains that it has complied with the law and has acted in accordance with industry practices.

Thompson Financing has responded to all ASIC requests and notices relating to the subject matter since November 2022. Thompson Financing vigorously refutes the allegations of misconduct and will contest the claims.

Over the past decade, Thompson Financing has established itself as a leader in the mid-tier non-bank lending market. We are committed to full compliance with all regulatory frameworks and uphold the highest standards in delivering financial services.

Thompson Financing respects the regulatory body’s role in maintaining industry standards and is committed to defending its position.

Bruce Thompson
Chief Executive Officer