ASIC Regulations - Breach Reporting: What You Need to Know

About Us

Contact us 1300 817 662

About Us

QED Risk Services has been working with the mortgage & finance industry ever since the introduction of NCCP in 2010 and is now firmly established as THE expert in Australian Credit Licensing and NCCP Compliance

We have helped nearly 500 ACL holders to gain their Licenses with ASIC, with a 100% success rate - we have never received a rejection from ASIC*.  Through preparing and successfully submitting more Australian Credit Licenses to ASIC than any other provider, we understand what ASIC requires and make the process easy and seemless for our clients.

QED also has nearly 600 brokers using its ongoing compliance solutions to maintain their compliance with this number ever-increasing. We are indisputably the number one compliance provider to the Australian mortgage broking community.

In 2010, QED rolled out QED Credit Services (ACL 387856) as an alternative way for brokers to become credit representatives without being tied to a particular lender panel or aggregator. QED Credit Services was rebranded as Pursuit Broker Services in 2017, still being the only company that offers this solution to brokers.

In 2011, QED rolled out its online QED CompliFast solution, the only true compliance system that is aimed primarily at the mortgage broker sector. This unique system gives mortgage brokers access to best-in-class compliance monitoring and documentation at a price of a half to a third of the average broker PI premium.

2013 saw QED move its unique, online compliance monitoring platform, QED CompliFast into the large Licensee arena with aggregators taking up the QED CompliFastReps product in direct response to the release of ASIC Report 330.

QED has proudly been represented on the judging panel for the MFAA Awards for 2 years running, has run many free webinars for the MFAA and Aggregators on compliance matters and provided countless hours of free consulting time to brokers in need of NCCP-related information.  QED and its products have also been finalists in a number of industry awards such as the MFAA Excellence Awards in 2014 and the Australian Mortgage Awards in 2017.

For larger brokerage businesses that will have more unique needs than QED CompliFast can cope with, QED offers its face-to-face service where one of its compliance professionals will attend at the offices of the Licensee every three months to assess their state of compliance against a more custom-made testing programme. Like QED CompliFast, this service results in comprehensive reporting back to the business on their state of compliance and what they need to do to return to a state of full compliance.

Call us today on 1300 817 662 to talk about how we can help you.

* Sometimes, ASIC tells us things about an Applicant that the Applicant didn't tell us themselves. In these cases, we sometimes have to withdraw the application.

What our clients say

"Greg & the team, Just a quick note to thank you for your on-going support and in particular most recently as I undertook an audit by ASIC. As a 'one man band' it is very confronting and having your support made this process far less stressful. I would have little hesitation in recommending your services to other ACL holders."
Joshua Swift
Swift Finance Solutions

"Having been referred to QED Risk Services by a client, I already had high expectations. In the end, the service provided by all the staff at QED Risk totally exceeded my already high expectations. I would not hesitate to recommend their services and moving forward, I personally will continue to use their services for my compliance requirements."
Alan Lishman
Auto Approve

"We requested help with formatting a borrowing power capacity calculator. We're a fan of QED's serviceability calculator and from this we've devised other calculators in our website. I like the fact I can pick up the phone and ring QED with any problem and it's solved straight away. Prompt service and all with a smile."
Frank Zelasko
Singh Finance, NSW

"Thanks so much for forwarding these (broker tools).Thanks again for your input and support...much appreciated."
H. W.
Broker, Tasmania

"I'm extremely pleased and grateful for the work that QED Risk Services provided for my ASIC Credit License. The stress, worry and paperwork were eliminated and we just had to wait on ASIC for the Approval, which was quicker than expected in the end. Thanks to all in the Team at QED!"
James Clark
Fish4Loans Pty Ltd

"We have recently upgraded our Credit Status from Credit Representative to an Australian Credit Licence holder.
We were initially hesitant to do so due to the fear of the Voluminous Paper Work, Compliance and General Bureaucracy of The Whole Process until QED were recommended to us. We have now been granted our ACL and the Whole Process conducted by QED and all their staff has been faultless. We were able to continue to concentrate on our business throughout the process and QED ensured a seamless transition from start to finish.

They have modelled our Compliance Procedures to reflect how we do business and QED will stay on board to ensure we are always compliant and meet our obligations day to day and in our Annual reporting.

I highly recommend QED just as they were highly recommended to me."
Kelvin Smith
Smith Finance Group

"CompliFast is great! As a one-man band with no business partners or support staff it keeps me accountable and gives me time to work on the business. CompliFast is a friendly reminder that you need to spend adequate time working on the business as much as in the business!"
Dynamic Loans SA

"A BIG thanks to QED for having the foresight to suggest that we pursue an ACL application despite not having an RM with the 'standard' background. We had spoken to other similar firms and had been told we wouldn't be able to apply. So you certainly earned the business with your broader understanding of what can be done."
Michael Saunders
Nexus Private Home Loans

"I cannot express my thanks enough for all the effort that QED placed into my ACL application & I am so thankful that I found your company when comparing so many different organisations that propose to offer a similar service.

My initial plan was to complete the ACL process on my own, however after countless hours of research it was proving to be a very difficult task, especially when trying to handle all of the other aspects involved in establishing a new company.

From day one I was comforted with the level of confidence, professionalism and expertise that your whole team demonstrated with this process.

QED literally made the process too easy and it was MUCH faster then advised, I am still shocked with how quickly the process was expedited.

I would have absolutely no hesitation in recommending QED Risk Services to anyone in the financial services industry.

I look forward to working with QED for ongoing compliance support & training."
Nick Ivers
Cyber Finance Pty Ltd

"You know what I like about your company? 1 - The fact that you communicate so clearly; 2 - that you are truly a leader - you had no reason to write this, yet you took it upon yourselves to provide thoughts and ideas without any need for a reward - which places you in a position of providing more relevance that virtually any other provider in the market - aggregators included; 3 - The thought that goes into your comments shows that it has been considered. Please keep up the good work"
Troy McErvale
Freedom Home Loans

"What some MFAA Broker Members had to say after a QED Compliance Presentation:

'Real-world advice that is factual and relevant to the job'
'Very practical advice'
'I'm a new broker so helped me to better understand my obligations'
'It was easy to follow and had good relevant content'
'Cut through the information to give us the necessary details succinctly'
'Clarification around the much misconstrued aspects of compliance and regulatory requirements'

Just some of the great feedback received when QED helped to share its knowledge with the broker community."
MFAA Broker Members

"Cannot thank Greg, Karen and the team at QED enough for their helpful service.
Certainly professionals in their field and highly recommended."
Richard Taylor
Australian Secure Capital

"Thanks for all of your hard work, effort and guidance.

Working with the QED team was very easy,"
M Ambrose




Keep in contact

1300 817 662
31 Ardentallen Rd, Enoggera QLD 4051