ACL

De-mystifying the ACL application process


Description
This course provides a detailed description of ASIC's Australian Credit Licence (ACL) requirements.

It incorporates: key issues; new and proposed changes to licensing processes; and other work ASIC has recently undertaken which affects AC licencees and applicants. It also provides information and data on licensing and registration applications from the 2020-21 financial year.

LEARNING OUTCOMES

Upon completing this Module, you will gain a practical understanding of the following:

- What ASIC deems to constitute "licensed credit activities";
- Activities which require, and do not require, an ACL;
- The key stages of an ACL application;
- The Australian Government "Enhanced Regulatory Sandbox" (ERS): Criteria, benefits and participants.

THIS COURSE IS SUITABLE FOR:

- FinTechs operating within the the financial services sector that are considering applying for an ACL;
- ACL applicants;
- AC licencees; and
- Professionals working in financial services that are interested in the licensing and professional registration functions of ASIC.
Content
  • FinTech licensing - July 2020.pptx
Completion rules
  • All units must be completed