Welcome to our comprehensive online course on Compensation and Insurance Arrangements for Credit Licensees.

This course is designed to provide credit licensees with the essential knowledge and skills required to comply with legal obligations under the National Consumer Credit Protection Act 2009. Learn how to protect consumers from potential losses arising from breaches of legal obligations through professional indemnity (PI) insurance and other compensation arrangements.

In this course, you will explore the intricacies of compensation and insurance arrangements for credit licensees in Australia. The course covers the requirements set by the Australian Securities and Investments Commission (ASIC) under Regulatory Guide 210, focusing on professional indemnity (PI) insurance as the primary method for fulfilling these requirements. You will learn how to assess the adequacy of PI insurance policies, understand alternative compensation arrangements, and apply best practices to maintain compliance with RG 210.

Who should enrol?

This course is ideal for:

• Credit licensees and their representatives
• Compliance officers
• Financial advisors
• Legal professionals
• Anyone interested in understanding compensation and insurance arrangements for credit licensees

Take the first step towards mastering compensation and insurance arrangements for credit licensees. Enrol now and gain the knowledge and skills to protect consumers and ensure compliance with legal obligations.