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Westpac Case Gives ASIC a Reality Check

ASIC NewsLiam Brown

Westpac Case Gives ASIC a Reality Check

In a turn of events that surprised even QED, on Tuesday the judgment in the landmark ASIC v Westpac responsible lending case was handed down in resounding favour of Westpac.

Notwithstanding any appeal, the judgement has a resounding impact on h...

QED Compliance Approved by major lenders

NewsLiam Brown

QED Compliance Approved by major lenders

Brokers will be well-aware of the continuously changing landscape in 2018 with how accreditations work.  Commonwealth Bank has been the main antagonist in this regard, but QED has been fielding a lot of requests from Licensees whose compliance pla...

The Future of HEM

NewsGreg Ashe

The Future of HEM

 

QED Risk Services has noted recent commentary stating that the Household Expenditure Measure (HEM) is "likely to be abandoned".  Not only did QED see this one coming once we read the first few words of the announcement about Westpac, we ...

Car Finance Borrowers don't just need a car!

NewsPursuit Compliance Team

Car Finance Borrowers don't just need a car!

Car Finance Borrowers don't just need a car! 'Requirements and objectives' for Asset Finance Responsible Lending

 

QED has revisited the Judgement in an important case, ASIC v Channic (2016) for some further guidance on the topic of Responsi...

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