Responsible Lending Update (Breakfast Briefing)
On Monday, ASIC released its updated regulatory guide on responsible lending. The update to RG 209 is the most significant since the guide was released in 2010.
Hear from Holley Nethercote Partner, Jesse Vermiglio, in this webinar as he discusses the implications for the changes for lenders, brokers and other intermediaries involved in arranging loans for consumers.
In particular, Jesse will discuss:
- what’s changed;
- what’s stayed the same; and
- how ASIC’s appeal of the Westpac case decision affected this guide.