Credit providers and mortgage brokers

Credit Providers

Credit Providers, Aggregators, Intermediaries & Brokers

Are you a lender, aggregator or other intermediary, or a new entrant into the consumer credit industry (e.g: Fintech) that needs assistance managing the complex world of consumer credit regulation?

We can provide services to lenders (large & small), mortgage aggregators, mortgage brokers, fintechs, financial planners, trustees and special purpose vehicles.

If you operate a mortgage fund or act as a mortgage manager, you are likely to be caught by the National Consumer Credit Protection Act 2009 (Cth).

We can help you apply for an Australian Credit Licence (ACL), or provide advice to see if your business requires an ACL.

More ways we can help

ACL compliance reviews & audits
Responsible lending advice
Procedure templates
Establishing new credit businesses
Reviewing existing compliance frameworks
Reviewing disclosure documents
Assisting clients with regulatory investigations

and much more.

Crypto-powered credit offerings

Crypto technologies are spurring innovation in the credit space – including consumer credit products, crypto-linked credit cards and commercial lending arrangements where crypto is collateral.  We can advise you on your credit offerings and have experience dealing with card schemes, consumer credit contracts and commercial lending arrangements – particularly where crypto protocols are involved, both centralised (CeFi) and decentralised (DeFi).

Credit Providers

Useful resources for Credit Providers

Annual Compliance Certificate
Annual Compliance Certificate
As a credit licensee, can you sign the Annual Compliance Certificate?

If you are a credit licensee, you must lodge an annual compliance certificate with ASIC within 45 days of your licensing anniversary each year.  Your licensing anniversary is the anniversary…

Breach Reporting
Breach Reporting
Breach reporting for credit licensees: are you ready to dob yourself in?

  October 2021 sees the commencement of many new regulatory reforms for Australian Credit Licence (ACL) holders.  One of the reforms that will have greatest impact will be the new…

Responsible Lending
Responsible Lending
Credit licensees, lend us your ear on the new best interests obligations for the mortgage broking sector

Since 2009, credit licensees and their representatives have grappled with responsible lending obligations.  Following the passage of legislation in response to recommendations of the Royal Commission, mortgage brokers will now…