Six minutes with Dimity Kingsford Smith
LSJ speaks to Dimity Kingsford Smith, Director of the Centre for Law, Markets and Regulation at UNSW, about the impacts of the banking royal commission.
Lenders beware: failing to assess a borrower’s repayment ability may let a guarantor off the hook
Where a lender agrees to incorporate the Banking Code in lending instruments, not only borrowers but guarantors may escape liability if that duty is breached….