Regulatory Alerts2025-03-05 | RG-209RG 209 Credit licensing: Responsible lending conduct
The Australian Securities and Investments Commission issued this guide to clarify the responsible lending obligations under Chapter 3 of the National Consumer Credit Protection Act 2009. It outlines the regulator's views on compliance requirements and provides actionable steps for credit licensees and applicants to minimize the risk of non-compliance. The document serves as a practical reference for navigating the legal duties associated with credit licensing and lending practices.
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