Updating the Responsible Lending Code
Consultation has opened on the draft updated Responsible Lending Code (Code).
Consultation has opened on the draft updated Responsible Lending Code (Code).
Public submissions are now open on some additional guidance for the Responsible Lending Code.
Public submissions are now open on some additional guidance for the Responsible Lending Code.
We are seeking feedback on an exposure draft of the Credit Contracts and Consumer Finance Amendment Regulations (No 2) 2022 (the Draft Regulations) and accompanying guidance in the Responsible Lending Code (the Draft Code).
We are seeking feedback on 2 exposure drafts, one on the Credit Contracts and Consumer Finance Amendment Regulations 2020 (the Regulations) and another on Chapter 5 of the Responsible Lending Code (the Code).
The Government will be reviewing consumer credit law to ensure settings are targeted appropriately to the risk profile of the lending. MBIE is developing terms of reference for the review. This section also includes information about previous reviews of consumer credit law.
Titles of documents the Minister of Commerce and Consumer Affairs received from MBIE in 2020.
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