Rules Mate

INFO 136

Complying with your trust account obligations as a credit licensee

This is Information Sheet 136 (INFO 136). It is for holders of an Australian credit licence (credit licensees).

In plain English

INFO 136 explains trust account obligations for Australian credit licensees.

INFO 136 is for credit licensees holding an Australian credit licence. It explains how to comply with trust account obligations. These obligations relate to handling client money. The guidance helps licensees manage funds correctly and maintain proper records. It was last updated by ASIC.

Why it matters

Credit licensees must follow strict rules for handling client money. This guidance helps ensure you protect client funds and avoid potential compliance issues. Proper trust account management is vital for maintaining a licensee’s reputation.

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AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/regulatory-resources/credit/credit-general-conduct-obligations/complying-with-your-trust-account-obligations-as-a-credit-licensee/. Rules Mate indexes + summarises; always verify against the regulator's live publication.