INFO 244
Credit licence applications: Providing information for fit and proper people
This is Information Sheet 244 (INFO 244). It is for all Australian credit licence (credit licence) applicants.
In plain English
INFO 244 explains what information credit licence applicants must provide about themselves to demonstrate they are fit and proper.
INFO 244 applies to all applicants for an Australian credit licence. It outlines the information ASIC requires from applicants regarding their 'fit and proper' status. This includes details about their character, financial background, and experience. The guidance helps applicants understand ASIC’s expectations. It is available on the ASIC website.
Why it matters
Credit licensees must ensure applicants are 'fit and proper'. This guidance helps applicants prepare the necessary information for ASIC assessment, potentially speeding up the licensing process.
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Issuing regulator
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Source: https://www.asic.gov.au/for-finance-professionals/credit-licensees/applying-for-and-managing-your-credit-licence/credit-licence-applications-providing-information-for-fit-and-proper-people/. Rules Mate indexes + summarises; always verify against the regulator's live publication.