GRCGuideline

RG 96

Regulatory Guide 96: Debt Collection Guideline: For Collectors and Creditors

This guideline was jointly produced by the Australian Competition and Consumer Commission (ACCC) and the Australian Securities and Investments Commission (ASIC) to outline how Commonwealth consumer protection laws apply to debt collection. It applies to creditors and external agencies involved in debt collection, and provides guidance to debtors.

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Overview

RG 96 is a regulatory guide issued by the ACCC and ASIC to provide clarity on the application of Commonwealth consumer protection laws to debt collection practices. It highlights the responsibilities of both creditors who directly engage in debt collection and external debt collection agencies. It aims to ensure fair treatment of debtors while promoting best practices among collectors. Additionally, the guideline offers practical advice for debtors to understand their rights and responsibilities when dealing with debt collectors. The guide emphasizes transparency, fairness, and compliance with legal obligations.

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GRCLaw

ASIC Act — Australian Securities and Investments Commission Act 2001

This Act establishes the legal framework for the operation of the Australian Securities and Investments Commission (ASIC), which is responsible for regulating company, financial services, and consumer protection laws in Australia. It outlines ASIC's powers, functions, and responsibilities while detailing provisions for consumer protection and fair competition in financial services industries.

Australian Government • Australia • vNo. 91, 1 July 2023

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GRCGuideline

RG 132 — Regulatory Guide 132: Funds management: Compliance and oversight

This regulatory guide outlines compliance and oversight obligations for managed investment schemes, retail and wholesale corporate collective investment vehicles, and other related entities. It helps responsible entities understand their obligations under the Corporations Act and other relevant laws.

Australian Securities & Investments Commission (ASIC) • Australia

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GRCGuideline

RG 78 — Regulatory Guide 78: Breach Reporting by AFS Licensees and Credit Licensees

This guide provides Australian Financial Services (AFS) licensees and credit licensees with instructions on reporting certain legal breaches to ASIC, as required under the Corporations Act 2001 and the National Consumer Credit Protection Act 2009.

Australian Securities and Investments Commission (ASIC) • Australia

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GRCGuideline

RG 205 — Regulatory Guide 205: Credit Licensing: General Conduct Obligations

RG 205 is a regulatory guide issued by ASIC detailing the general conduct obligations for credit licensees, license applicants, and unlicensed carried-over instrument lenders. It helps entities comply with the National Credit Act and outlines specific areas of focus during compliance assessments.

Australian Securities & Investments Commission (ASIC) • Australia

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