Enforcement/asicCWLTH

ASIC pre-NCCP BNPL guidance + intervention powers

intervention10 June 2024

Facts

ASIC used product intervention + RG guidance pending BNPL NCCP commencement (10 June 2025).

Outcome

Industry signalled cooperation; some smaller BNPL operators exited the market.

Read the source

https://asic.gov.au/regulatory-resources/credit/

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