All posts tagged "small business lending"
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425Australia & NZAPRA Revises Bank Capital Framework to Add Flexibility
The reforms will deliver a "robust, competitive banking system" that can continue to fulfil its critical role when the community faces challenges, APRA's Wayne Byres said.
December 9, 2020 -
562Australia & NZAustralia Adjusts Regulatory Settings on Responsible Lending
Six-month exemptions from responsible lending obligations are available to lenders that provide credit to existing small business customers.
March 23, 2020 -
751Australia & NZASIC Offers Clarity on Responsible Lending Obligations
ASIC has clarified when a licensee might undertake more or less detailed inquiries and verification steps based on different consumer circumstances and the type of credit being sought.
December 10, 2019 -
895Australia & NZ
ASIC Consults on Updates to Responsible Lending Guidance
ASIC's existing guidance allows a tailored approach to applying responsible lending obligations, but licensees may be applying them where the law does not require it.
February 14, 2019
