Responsible Lending update: ASIC more open to rethinking 'Responsible Lending Read more

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What is Compliance?

FAQsLiam Brown

What is Compliance?

Compliance by definition is "conformity in fulfilling official requirements". Brokers are well aware of the existence of the regulations set through legislation and the ASIC exist, and they understand that they must be compliant with them. However, It ...

What is a compliance management framework?

FAQsGreg Ashe

What is a compliance management framework?

Compliance is a business management discipline, just like Marketing, Accounting, Human Resources or any other. How do you demonstrate that you have a framework in place that shows your business's compliance?

ASIC more open to rethinking 'Responsible Lending'

ASIC News

ASIC more open to rethinking 'Responsible Lending'

ASIC has opened consultation on the much-awaited revision of Regulatory Guide 209.  It is believed that banks have been quite instrumental in finally forcing ASIC's hand. In short, the industry wants more direction and less prosecution.

This ha...

What to make of the Hayne Royal Commission

ASIC News

What to make of the Hayne Royal Commission

Like the entire mortgage broking industry, the QED team was aghast at the recommendations of the RC on 4 February.

We have contributed enough to the outcry and anguish regarding the proposed changes to broker remuneration. If you are reading this, y...

Broker Market Share Grows in the face of adversity

NewsLiam Brown

Broker Market Share Grows in the face of adversity

2018 was a rough year for lending, but brokers have been able to successfully leverage their expertise to increase market share to 59.1% amid 40% rejection rates. Jump start your business' compliance with QED Risk Services today!

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