Reports 13 – ASIC Credit Reform Update: Ensuring your licence application goes through smoothly

ASIC advised: Credit licence applications are coming in at a steady rate now. If you have an application in with ASIC, or you have already been licensed by ASIC in the last few weeks, thank you.

If you are still to apply, we urge you to start the easy, online application process as soon as possible. We anticipate a steady inflow of applications between now and December, so the sooner you apply the better.

If you registered with ASIC by 30 June 2010 and you are planning to apply for a credit licence, you must lodge your completed application with ASIC by 31 December 2010.

We strongly suggest that you submit your application by Friday 10 December 2010 to ensure that it is complete and accepted by ASIC.  Our experience shows that close to 20% of applications to date have been rejected due to insufficient information provided.

Please click here for further information.

 

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