On 4 September 2024, AFIA provided feedback on the Independent Review of the Principles of Reciprocity & Data Exchange (PRDE) being undertaken on behalf of Australian Retail Credit Association.

On 28 August 2024, AFIA responded to the proposed updates by the Australian Securities and Investments Commission to Regulatory Guide 274 – Product design and distribution obligations (RG 274).

On 19 August 2024, AFIA responded to Treasury’s proposed extension of the small business responsible lending obligations exemption. Our response highlights AFIA’s support for the exemption being extended, noting the critical importance of small businesses having access to easily available and appropriately offered credit.  

On 28 June 2024, AFIA made a submission to the Senate Economics Legislation Committee’s inquiry into the provisions of the Treasury Laws Amendment (Responsible Buy Now Pay Later and Other Measures) Bill 2024.

On 9 April 2024, AFIA made a submission to Treasury on the draft legislative package to include Buy Now Pay Later (‘BNPL’) products within the National Consumer Credit Protection Act 2009 (Cth)(‘the Credit Act’).

In June 2024, AFIA responded to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into ‘Financial Services Regulatory Framework in relation to financial abuse’.

On 21 June, AFIA responded to the Attorney-General’s Department’s consultation on reforming Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime.

On 31 May 2024, AFIA responded to the independent statutory review of Australia’s Credit Reporting Framework Issues paper. AFIA acknowledged the importance of a modern and effective credit reporting framework in Australia that is fit for purpose both now and in the future, that caters to all the requirements of the diverse variety of lenders.

On 8 May 2024, AFIA made a submission to the Australian Securities Exchange Ltd (‘ASX’) on the consultation draft of the 5th Edition of their Corporate Governance Principles and Recommendations.

On 1 March 2024, AFIA responded to the Exposure Draft ED SR1 Australian Sustainability Reporting Standards – Disclosure of Climate-related Financial Information.

On 9 February 2024, AFIA submitted a response to the Payments System Modernisation (Regulation of Payment Service Providers) consultation.

On 29 January 2024, AFIA submitted its pre-budget submission for the fiscal year 2024-25 to the Hon Stephen Jones MP, Assistant Treasurer and Minister for Financial Services.

On 9 February 2024, AFIA responded to Treasury’s exposure draft legislation and explanatory materials for climate-related financial disclosure obligations.

On 29 January 2024, AFIA submitted a response to the Scams – mandatory industry codes consultation.

On 1 December 2023, AFIA responded to the Government’s Sustainable Finance Strategy consultation paper.

On 6 October 2023, AFIA made a submission on the draft amendments to the Competition and Consumer (Consumer Data Right) Rules 2020.

On 1 November 2023, AFIA made a submission to Treasury’s consultation on Reforms to the Payment Systems (Regulation) Act 1998 – Exposure draft legislation.

On 29 September 2023, AFIA responded to the Australian Financial Complaints Authority (AFCA) consultation on their Approach to Appropriate Lending to Small Business.

On 12 September 2023, AFIA responded to the Australian Financial Complaints Authority (AFCA) consultation on their Approach to Responsible Lending.

On 25 August 2023, AFIA responded to Decision Proposal 316, the Non-Bank Lending sector alignment for the Consumer Data Right (CDR) ecosystem.