22聽March 2021
ob体育 has released Information Sheet 250 Giving AFS and credit licensees information about their representatives (INFO 250) for Australian financial services (AFS) licensees and Australian credit licensees.
INFO 250 outlines ob体育鈥檚 approach to giving licensees information about a representative. It covers:
- ob体育鈥檚 powers under section 916G of the Corporations Act 2001 and section 73 of the National Consumer Credit Protection Act 2009
- when ob体育 may exercise these powers
- what kind of information ob体育 may give to a licensee and what the licensee can do with the information
- ob体育鈥檚 procedural fairness obligations and processes.