RG 209 Credit licensing: Responsible lending conduct

Issued 5 November 2014

This is a guide for credit licensees, credit applicants and unlicensed carried over instrument lenders (unlicensed COI lenders).

It sets out ASICs expectations for meeting the responsible lending obligations in Ch 3 of the National Consumer Credit Protection Act 2009.

Download RG 209 (PDF 443 KB)

Read the regulation impact statement (PDF 258 KB)

ASIC has recently updated RG 209 to reflect a recent Federal Court decision and clarify existing guidance.

These changes affect the numbering used in this guide and include some additional examples to help licensees who are considering their obligations. We have prepared an outline of the changes to help licensees more easily identify those changes.

Download a copy of the table of changes to RG 209 (PDF 402 KB)

View a copy of the table of changes to RG 209

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Last updated: 05/11/2014 12:00