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.
Issued 9 December 2019
This is a guide for credit licensees and credit applicants.
It sets out ASIC’s views on what the responsible lending obligations in Ch 3 of the National Consumer Credit Protection Act 2009 (National Credit Act) require, and steps you can take to minimise the risk of non-compliance with these obligations.
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RG 209 (PDF 981 KB)
Navigation guide - Attachment to RG 209: Comparison of 2014 and 2019 versions (PDF 72 KB)
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