The Australian Securities & Investments Commission (ASIC) has banned Sydney-based mortgage broker Thi Hoa Trieu from engaging in credit activities for 10 years and cancelled her Australian credit licence, with both actions taking effect on 8 December 2025. ASIC found Ms Trieu made false or misleading statements to ASIC in two annual compliance certificates by omitting her termination as a broker with two lenders and an aggregator, and by omitting whether she had adequate arrangements and systems to comply with general conduct obligations of Australian credit licensees. The regulator also found she was not a fit and proper person due to false or misleading statements in documents lodged with ASIC, failure to maintain books and records evidencing her compliance arrangements, and failure to ensure industry funding levies were paid on time, and considered she was likely to contravene credit legislation given a lack of honesty, integrity and understanding of her obligations. Ms Trieu has the right to seek review by the Administrative Review Tribunal.
Australian Securities & Investments Commission 2025-12-16
Australian Securities & Investments Commission bans Sydney mortgage broker Thi Hoa Trieu for 10 years and cancels her Australian credit licence
The Australian Securities & Investments Commission (ASIC) has banned Sydney-based mortgage broker Thi Hoa Trieu from credit activities for 10 years and cancelled her Australian credit licence, effective 8 December 2025. ASIC found she made false or misleading statements in compliance certificates and failed to maintain proper records, pay industry levies on time, and comply with conduct obligations. Ms Trieu can seek a review by the Administrative Tribunal.