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|Search Results||Showing 1 - 10 of 15 results for "National Consumer Credit Protection Act"|
|... regarding their authorised representatives as set out in the Corporations Act and the National Consumer Credit Protection Act. The new rules will come into effect from 13 January 2021, but complaints received before that date are still being assessed ...|
|... revealed at the Royal Commission. ASIC brought proceedings against NAB for contravening the National Consumer Credit Protection Act, which prohibits credit licensees from conducting business with persons engaging in credit activity without an Australian ...|
|... boost the economy. The reforms will remove the responsible lending obligations from the National Consumer Credit Protection Act 2009 aiming to reduce the time and cost of credit assessments for both consumers and businesses. In addition, the simplified ...|
|... what implications the Federal Court decision has for that guidance. "Any reform of the National Consumer Credit Protection Act (National Credit Act) to clarify further the enforcement of those principles is ultimately a matter for the Federal Government ...|
|... provided with business loans where they should have been provided with loans protected by the National Consumer Credit Protection Act and the National Credit Code, and the estimated compensation for customer's on the group's platforms that weren't ...|
|... Federal Court. ASIC alleges CBA contravened the responsible lending provisions of the National Consumer Credit Protection Act 2009 (National Credit Act) when it lent to a customer, David Harris, who had notified the bank he was a problem gambler. The ...|
|... were required to comply with, including the Corporations Act, Tax Agent Services Act, National Consumer Credit Protection Act, and other obligations imposed under the ASIC Act and FASEA to name a few. "Often there is no harmonisation between these regulatory ...|
|... a lender "may do what it wants in the assessment process" and other provisions of the National Consumer Credit Protection Act 2009 impose penalties if lenders make unsuitable loans as a result of that process. Under the Act, lenders must assess whether ...|
|... are similar to traditional personal finance in concept, they are not subject to ASIC's National Consumer Credit Protection Act. This has helped these businesses grow rapidly, Moody's said. Loans to small businesses have also become a key focus for fintechs ...|
|... adviser under the Corporations Act as well as hold an Australian credit licence (under the National Consumer Credit Protection Act) to be able to provide specific advice on credit products. Only 4% of AFSLs hold a credit licence. In terms of remuneration ...|
The Australian Bureau of Statistics has revealed what people who accessed their super early due to financial hardship caused by COVID-19 spent the money on.
The life insurance industry is developing a Professional Standards Framework for all claims and underwriting professionals, with support from the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).
With consumers in the US now contributing the most to Afterpay's business, the BNPL provider has set in motion plans to list there as new research shows the economic impact of the service.
The COVID-19 pandemic has forced many Australians to review their life insurance cover and seek the help of a financial adviser.
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