QED CompliFast Blog

CompliFast Really Is Irreplaceable

CompliFast Really Is Irreplaceable

| NCCP Requirements | Greg Ashe

"Compliance" can be a pretty misused term but it simply refers to your obligations. When it comes to your Credit Licence, these obligations can be split into two categories:Credit-related obligations - Responsible Lending and Best Interests Obligation;...

Payroll Tax and how it may affect the Mortgage Industry

Payroll Tax and how it may affect the Mortgage Industry

| News | Greg Ashe

In 2023, the industry has been wrangling with the concept of Payroll Tax. Like everything else QED tries to keep you informed on, we thought it was timely for us to try and break this argument down into simple, bite-sized facts for you to absorb.

The Importance of Independent Loan File Audits

The Importance of Independent Loan File Audits

| News | Greg Ashe

With the ongoing scrutiny of the broking sector and lenders applying pressure on aggregators to ensure their ACL holders are compliant with the Responsible Lending guidelines of ASIC's Regulatory Guide 209 and the Best Interests Obligation guidelines i...

Breach Reporting: What You Need to Know

Breach Reporting: What You Need to Know

| ASIC News | Greg Ashe

Credit Licensees now have an obligation to report breaches to ASIC in certain situations. If a breach is reportable and you don't report it, you may be fined or face jail time. ASIC's Regulatory Guide 78 describes four different types of "reportable situations"...

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