Compliance planning

Compliance officers should note the following dates:

1 April 2010

  • New APS 510 remuneration standards commence
  • Consumer credit provider registration starts (registration closes 30 June 2010)

30 June 2010

  • Transition for old APS 120 Securitisation ends

1 July 2010

  • National Credit Code commences; Suitability assessments required for non-ADI’s or RFC’s
  • Applications for Australian Credit Licence (ACL) open (applications close 31 December 2010)
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