Contact Us
What is not unsuitable?
6 July, 20106 months ago, many credit industry pundits had scoffed at the “not unsuitable” phraseology adopted by the law-makers with respect to credit. But now we are finding it to be a useful tool in navigating the “responsible lending” minefield. Find out how QED can assist your business with credit licensing and dealing with ASIC requirements.
The Licensing Pathway
6 July, 2010The pathway as a licensed entity does not begin and end with licensing. QED Risk Services is pleased to report that most Australian Credit Licensing clients are taking our full service that involves education, practical assistance and ongoing support – rather than expensive lip service.
The myth of uncertainty
22 May, 2010So many industry participants are saying that the credit licensing regime is still to be decided and that ASIC have not made their minds up about certain aspects. THAT JUST IS NOT TRUE. The rules are clear and industry participants need to act now to avoid missing out by 31 December.
ASIC credit registration commences
5 April, 2010QED Risk Services is encouraged by the number of early registrations on ASIC’s credit register.
What do you get for free these days?
27 February, 2010There are a few “free” guides to credit licensing emerging at the moment. But are they much use? Are they really going to help you? Do you ever really get anything of true value for free?
QED Risk Services Credit Licensing Kit
17 February, 2010QED Risk Services Australian Credit Licensing Kit will be available for purchase on 15 March. For businesses that want to be prepared early, QED Risk Services is available NOW to discuss getting your business ready for Licensing. The process starts TODAY – not on 1 July.
How helpful are the new Credit Regulatory Guides?
12 January, 2010As ASIC promised, the latest credit-related Regulatory Guides were released at the death knell of 2009. They provide much of the required detail about how credit licensing is going to work. But are these documents or the interpretations of them that have been published by law firms of practical use to prospective Licensees?
Australian Credit Licensing Choices
14 December, 2009One of the first steps that aggregator groups in the credit industry need to consider about the Australian Credit Licensing regime is which pathway is appropriate for their business – individual broker licences or authorised credit representatives arrangements.
ASIC gives good advice on getting ready for Credit
6 December, 2009ASIC’s Information Sheet 96 contains some very sound advice for credit providers – do as much as you can NOW to get ready for registration and licensing
ISO31000 released – AS/NZS4360 superseded
4 December, 2009The Australian Standard on Risk Management, after having been the proxy international standard for 10 years, has finally been superseded with the release on 20 November of the new international standard, ISO31000.