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NCCP Disclosure regulations

NCCP Disclosure regulations

NCCP Disclosure regulations   The National Consumer Credit Protection Amendment Regulations 2010 (No. 4) were gazetted on 8 December and released later in the week. These are significantly different from, and far more broker/industry friendly than, the quite...
ACL Licence Issue

ACL Licence Issue

ACL Licence Issue   All people involved with providing credit in Australia must hold an Australian Credit Licence or be registered as an Authorised Credit Representative under a Credit Licence. From contact with businesses and individual brokers looking to obtain...
ASIC Credit Reform Update 2010-07-21

ASIC Credit Reform Update 2010-07-21

ASIC Credit Reform Update Issue 20,  21 July 2010 Licensing starts under new national consumer credit laws The licensing of providers of consumer credit, credit assistance and intermediaries by ASIC started 1 July 2010 following a three month registration period....