RG 207

Credit licensing: Financial requirements

Issued 1 April 2020. An Australian credit licensee must comply with the obligation to have adequate financial resources in s47(1)(l) of the National Consumer Credit Protection Act 2009 (National Credit Act).

Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-207-credit-licensing-financial-requirements/. Rules Mate indexes + summarises; always verify against the regulator's live publication.