CP 313 Product intervention power
Released 26 June 2019. Comments close 7 August 2019.
This paper sets out ASIC’s proposals for guidance on exercising the product intervention power in Pt 7.9A of the Corporations Act and Pt 6-7A of the National Credit Act. We are seeking the views of interested stakeholders, including industry and consumers, on our proposals.
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Related information
- Final Regulatory Guide 272 Product intervention power
- Report 661 Response to submissions on CP 313 Product intervention power
- Report 580 Credit card lending in Australia (PDF 796KB)
- View the infographic (PDF 1MB)
- Listen to the podcast
Submissions
- Association of Financial Advisers (PDF 252 KB)
- Australian Banking Association (PDF 144 KB)
- Australian Finance Industry Association (PDF 185 KB)
- Australian Financial Complaints Authority (PDF 164 KB)
- Australian Financial Markets Association (PDF 181 KB)
- Australian Institute of Superannuation Trustees (PDF 271 KB)
- Australian Retail Credit Association (PDF 190 KB)
- Australian Shareholders’ Association, CHOICE, Consumer Action Law Centre, Consumer Credit Law Centre SA, Consumer Credit Legal Service (WA), Consumers’ Federation of Australia, Financial Counselling Australia and Financial Rights Legal Centre (joint submission) (PDF 609 KB)
- Evolution Trustees (PDF 162 KB)
- Finance Industry Delegation (PDF 68 KB)
- Financial Counselling Australia (PDF 263 KB)
- Financial Planning Association (PDF 145 KB)
- Financial Services Council (PDF 5.5 MB)
- Gain Capital Australia Pty Ltd (PDF 2.2 MB)
- GO Markets Pty Ltd (PDF 6 MB)
- Industry Super Australia (PDF 123 KB)
- Insurance Council of Australia (PDF 104 KB)
- Legal Aid NSW (PDF 835 KB)
- Legal Aid Queensland (PDF 180 KB)
- Min-it Software/Financiers Association of Australia (PDF 108 KB)
- Motor Trade Association of South Australia (PDF 109 KB)
- National Credit Providers Association (PDF 47 KB)
- Pepperstone Group Limited (PDF 621 KB)
- Prospa (PDF 65 KB)
- SMSF Association (PDF 357 KB)
- Toyota Finance Australia Limited (PDF 301 KB)
- Westpac Group (PDF 174 KB)