September 2019 Update

20 September 2019

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Media Release
ASIC responsible lending guidance important for stability
9 December 2019

Today’s release of ASIC’s updated RG 209 Credit Licensing: Responsible lending obligations is an important milestone in clarifying responsible lending obligations for banks. CEO of the Australian Banking Association Anna Bligh said that the updated RG 209 would provide clarity to banks on ASIC’s views on what responsible lending obligations require before offering credit to… Read more »

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December 2019 Newsletter
5 December 2019

The ACCC has authorised changes to the Banking Code of Practice, in line with recommendations of the Royal Commission, and initiatives of the ABA.

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Publication
Consultation Paper: Use of credit cards for gambling transactions
5 December 2019

The ABA is seeking community views on the use of credit cards for gambling. The consultation will assess community views about financial institutions allowing credit cards to be used for gambling and the role of banks in addressing these problems.

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