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Australia
September 25 2020 The Federal Government's responsible lending reforms, announced today and to apply from 1 April 2021, will be a major shake-up of Australia's credit landscape. There will be a consultation period on these proposed changes to the National Consumer Credit Protection Regulations, and we urge all lenders to engage in this process.
Australia
September 3 2020 Banks and other retail lenders will need to ensure they have adequate and appropriate resources, and processes and policies, to be able to meet ASIC's expectations when dealing with customers as their loan repayment deferrals come to an end. The loan repayment deferrals introduced in response to the COVID-19 pandemic are due to expire in the coming months.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.