As a credit licensee, it is important to stay up to date and comply with the general conduct obligations to ensure that you operate your credit business propertly.
If you're an ACL holder, we recommend you stay up to date on your obligations now. To summaries, the general obligations include:
a) Doing all things necessary to act efficiently, honestly and fairly when engaging in credit activities
b) Doing all things necessary to comply with credit legislation and relevant laws
c) Doing all things necessary to comply with conditions on your credit licence. At AAA Mortgages, we believe that staying updated with compliance related procedures will set you and your business for success!