CP 110 General conduct obligations of credit licensees

Released 15 July 2009. Comments closed 12 August 2009.

This paper sets out ASIC's proposals for guidance about meeting the general conduct obligations of Australian credit licensees under cl 47(1) of the National Consumer Credit Protection Bill 2009. We propose to provide this guidance in an updated version of our existing Regulatory Guide 104 Licensing: Meeting the general obligations (RG 104). Attached to this paper is a draft version of the updated RG 104.

We are seeking the views of potential credit licensees and consumers on our proposals.

Download CP 110 (PDF 427 KB) | Read the advisory

Read the report on submissions

SubmissionsDate
AAMC Training Group 11 August 2009
Abacus Australian Mutuals 14 August 2009
Australasian Compliance Institute 13 August 2009
Australian Bankers’ Association 18 August 2009
Australian Collectors & Debt Buyers Association 12 August 2009
Australian Finance Conference 2 September 2009
Australian Institute of Credit Management 12 August 2009
Challenger Financial Services Group 12 August 2009
Dun & Bradstreet 11 August 2009
Financial Planning Association of Australia 19 August 2009
Financiers Association of Australia / Min-it Software 12 August 2009
GE Capital Finance Australasia 12 August 2009
Institute of Chartered Accountants in Australia 14 August 2009
Institute of Mercantile Agents 13 August 2009
Insurance Council of Australia 14 August 2009
Legal Aid ACT 14 August 2009
Legal Aid Queensland 18 August 2009
Mortgage & Finance Association of Australia 10 August 2009
National Financial Services Federation Limited 11 August 2009
Principled Mortgage Investments 28 July 2009

 

 

Last updated: 15/07/2009 12:00