ASIC has announced details of the public hearings on ASIC’s proposed changes to its responsible lending guidance in Regulatory Guide 209. Background.

The public hearings will be in Sydney on the 12th of August and Melbourne on the 19th of August.

The hearings will be conducted by Commissioner Sean Hughes and Deputy Chair Karen Chester with Commissioner Danielle Press also in attendance.

ASIC’s website will be updated with a list of invited participants the day before each of the hearings.

The hearings are open for the public to attend and audio from the proceedings will be live-streamed via ASIC’s website.

A transcript of proceedings will be made available on ASIC’s website following the hearings.