Compliance officers should note the following dates:
1 April 2010
- New APS 510 remuneration standards commence
- Consumer credit provider registration starts (registration closes 30 June 2010)
30 June 2010
- Transition for old APS 120 Securitisation ends
1 July 2010
- National Credit Code commences; Suitability assessments required for non-ADI’s or RFC’s
- Applications for Australian Credit Licence (ACL) open (applications close 31 December 2010)