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<title>Blog posts</title>
<link>https://www.qedrisk.com.au/blog</link>
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<lastBuildDate>Tue, 23 Jul 2024 14:47:01 +1000</lastBuildDate>
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<webMaster>admin@qedrisk.com.au (QED Risk Services)</webMaster>
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<title>AFCA Stays Silent at New System Meltdown</title>
<link>https://www.qedrisk.com.au/blog/view/afca-stays-silent-at-new-system-meltdown</link>
<description><![CDATA[With the end of July fast-approaching, many in the industry - Aggregators, Lenders, Industry Bodies etc - are already asking for confirmation that memberships have been renewed.]]></description>
<pubDate>Tue, 23 Jul 2024 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/afca-stays-silent-at-new-system-meltdown</guid>
<category>News</category>
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<title>Will Aggregators Hit Brokers Up For Their Payroll Tax?</title>
<link>https://www.qedrisk.com.au/blog/view/will-aggregators-hit-brokers-up-for-their-payroll-tax-</link>
<description><![CDATA[With the recent NSW Supreme Court decision in the case between LMG and Revenue NSW, everyone in the industry is speculating about the future ramifications for the wider industry and everybody is an expert.At QED, we don't pretend to be "experts" on...]]></description>
<pubDate>Thu, 18 Apr 2024 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/will-aggregators-hit-brokers-up-for-their-payroll-tax-</guid>
<category>News</category>
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<item>
<title>Risk Management for Australian Credit Licensees</title>
<link>https://www.qedrisk.com.au/blog/view/risk-management-for-australian-credit-licensees</link>
<description><![CDATA[ASIC expects Credit Licensees to predict future events that may impact (positively or negatively) on business activities and to take appropriate actions to address the impact of these events. Under s47 of the NCCP Act, this Risk Management Programme is...]]></description>
<pubDate>Thu, 31 Aug 2023 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/risk-management-for-australian-credit-licensees</guid>
<category>News</category>
</item>
<item>
<title>The Importance of Independent Loan File Audits</title>
<link>https://www.qedrisk.com.au/blog/view/the-importance-of-independent-loan-file-audits</link>
<description><![CDATA[With the ongoing scrutiny of the broking sector and lenders applying pressure on aggregators to ensure their ACL holders are compliant with the Responsible Lending guidelines of ASIC's Regulatory Guide 209 and the Best Interests Obligation guidelines i...]]></description>
<pubDate>Tue, 21 Feb 2023 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/the-importance-of-independent-loan-file-audits</guid>
<category>News</category>
</item>
<item>
<title>Breach Reporting: What You Need to Know</title>
<link>https://www.qedrisk.com.au/blog/view/breach-reporting</link>
<description><![CDATA[Credit Licensees now have an obligation to report breaches to ASIC in certain situations.  If a breach is reportable and you don't report it, you may be fined or face jail time. ASIC's Regulatory Guide 78 describes four different types of "reportable situations"...]]></description>
<pubDate>Thu, 24 Mar 2022 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/breach-reporting</guid>
<category>ASIC News</category>
</item>
<item>
<title>Why Did ASIC Costs Blow Out in 2020/2021?</title>
<link>https://www.qedrisk.com.au/blog/view/why-did-asic-costs-blow-out-in-2020-2021-</link>
<description><![CDATA[Australian Credit Licensees in the "Intermediary" sector who received their annual invoice from ASIC for the Supervisory Cost Recovery Levy this week would have been in for a shock.]]></description>
<pubDate>Thu, 24 Feb 2022 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/why-did-asic-costs-blow-out-in-2020-2021-</guid>
<category>ASIC News</category>
</item>
<item>
<title>Regulatory Changes Effective October 2021</title>
<link>https://www.qedrisk.com.au/blog/view/regulatory-changes-effective-october-2021</link>
<description><![CDATA[Brokers may have been hearing from a variety of sources about a raft of reforms and law changes that come into effect in October 2021. At QED Risk Services, we believe that as long as you have been running your business efficiently and effectively, utilising all the tools at your disposal in CompliFast, these changes shouldn't have a big impact on your processes. These reforms cover...]]></description>
<pubDate>Thu, 16 Sep 2021 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/regulatory-changes-effective-october-2021</guid>
<category>ASIC News</category>
</item>
<item>
<title>QED's Perspective: How ASIC's New Reforms Affect Your Business</title>
<link>https://www.qedrisk.com.au/blog/view/how-asic-new-reforms-affect-your-business</link>
<description><![CDATA[In response to the six new laws that are set to impact the financial sector from October 2021, we say NBD.These ASIC enforced reforms will address recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. As far as how these may affect you...]]></description>
<pubDate>Thu, 19 Aug 2021 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/how-asic-new-reforms-affect-your-business</guid>
<category>ASIC News</category>
</item>
<item>
<title>QED's Perspective:  What to Make of the Best Interests Obligation</title>
<link>https://www.qedrisk.com.au/blog/view/qed-s-perspective-what-to-make-of-the-best-interests-obligation</link>
<description><![CDATA[As you are no doubt aware, late last month ASIC finally released its Regulatory Guide RG273: Mortgage Brokers: Best interests duty. QED produced a very brief communication on this a couple of days after. It was very brief, wrapp...]]></description>
<pubDate>Tue, 21 Jul 2020 01:01:01 +1000</pubDate>
<guid>https://www.qedrisk.com.au/blog/view/qed-s-perspective-what-to-make-of-the-best-interests-obligation</guid>
<category>ASIC News</category>
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