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: Australian Regulatory Compliance ReviewBrokers targeted for earlier responsible lending start
The Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, has announced the responsible lending conduct requirements for brokers and all other lenders which are not Authorised Deposit-taking Institutions or Registered Finance Companies, will now apply from 1 January 2010 instead of 1 January 2011, as previously proposed.
More here
Full post as published by Australian Regulatory Compliance Review on August 15, 2009 (boomark / email).
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