Regulatory Alerts2026-03-09 | RG-205RG 205 Credit licensing: General conduct obligations
The Australian Securities and Investments Commission issued this guide for credit licensees, licence applicants, and unlicensed carried over instrument lenders. It describes the regulator's expectations when assessing compliance with most general conduct obligations under section 47(1) of the National Credit Act. The document notes that specific obligations not covered here are addressed in separate guides listed in Table 1 of Section A.
Issued 1 April 2020
This is a guide for credit licensees, licence applicants and unlicensed carried over instrument lenders (unlicensed COI lenders).
This guide describes what we look for when we assess compliance with most of the general conduct obligations under s47(1) of the National Credit Act.
The general conduct obligations not covered in this guide are covered in separate guides: see Table 1 in Section A.
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