Responsible Lending
RG 209 Responsible Lending
RG209 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.
About our course
Our Responsible Lending Course clarifies the who, what, and why of this aspect of credit law, so you can assist your practice to comply with its obligations.
Credit law and licensing require ACL holders to ensure that their consumer lending is ‘responsible’. In light of the Financial Services Royal Commission discovering numerous examples of poor lending practices, you might find our refresher on responsible lending obligations rather timely.
You may also like:
Program Content
Learning Outcomes
What you will learn
- What responsible lending provisions are and who they apply to
- The primary responsible lending obligations
- Key steps in applying responsible lending provisions
- Issues arising during the Financial Services Royal Commission
- How to interpret case studies to identify potential conduct risks
- Suggested best practices credit providers can follow.
Who is this course for?
Units of Competency

Pre-requisite
Recognition of Prior Learning
Certification
You will be awarded a Certificate of Completion. It will be available online for you to download and print immediately.