RG 209 Credit licensing: Responsible lending conduct

Issued 9 December 2019

This is a guide for credit licensees and credit applicants.

It sets out ASIC’s views on what the responsible lending obligations in Ch 3 of the National Consumer Credit Protection Act 2009 (National Credit Act) require, and steps you can take to minimise the risk of non-compliance with these obligations.

Note: On 25 September 2020, the Government announced proposed reforms to the responsible lending obligations contained in Chapter 3 of the National Credit Act. The proposed reforms will amend the obligations that apply before entry into a credit product or the provision of credit assistance. ASIC’s guidance relating to the current responsible lending obligations will be reviewed and updated when the proposed reforms are finalised.


Superseded versions of our regulatory guides are not kept on this website. Superseded versions can be obtained from the ASIC Digest.

Last updated: 09/12/2019 12:00