Latitude Financial acknowledges ASIC proceedings

5 October 2022

Latitude Financial acknowledges ASIC's filing of civil proceedings regarding alleged misleading advertising of Latitude GO Mastercard^®.

The allegations relate to historic advertisements that ran between 1 January 2020 and 11 August 2021.

Latitude takes these allegations very seriously and has worked cooperatively with ASIC during its investigation.

Latitude is now reviewing ASIC's claim and will not be commenting further at this stage given the matter is before the courts.