SYDNEY, Aug 23 (Reuters) - The Australian corporate regulator said on Friday it filed a lawsuit against No. 3 lender National Australia Bank Ltd NAB.AX accusing it of accepting loan applications from unlicensed third party "introducers".
The Australian Securities and Investments Commission (ASIC) said NAB had breached a law which prevents banks from dealing with unlicensed loan professionals in relation to 297 loans between September 2013 and July 2016.