Compliance Products for Credit Licensees
Now that you have your Credit Licence, you can breathe a sigh of relief and put it all behind you. True or False? Well, not quite true anyway. With ASIC as your regulator, mortgage businesses will need to manage a number of issues going forward. This should not pose a problem if you have implemented systems to manage your compliance obligations. But from time to time, you might need some assistance in some or all of the following areas:
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Timely information about changes in the regulatory requirements;
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Access to guidance and support to answer questions and review documents;
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External reviews of your loan writers; activities; and
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Audits of your compliance management system to ensure that it is up to date and working properly.
So tap into Gold Seal’s expertise in assisting financial services intermediaries with licensing, regulatory, compliance and legal issues for over 8 years.
| Compliance Products |
Price (incl GST) |
| Credit Compliance Management System: This 3 parts system contains all the policies, procedures, tools and templates that you need to demonstrate compliance with the NCCP Act. It consists of a Client Service Handbook for loan writers, a Management Manual and Templates and a Compliance Plan. Initial Licence - for up to 5 loan writers / credit representatives. . |
$550.00 |
| Update Service: A 12-months subscription to updates to the Compliance Management System and other templates. |
$350.00 |
| Gold Seal Assist Compliance Helpline: A 12-months subscription for up to 6 hours of telephone and/or email support on compliance, legal and regulatory matters. |
$950.00 |
| Credit Representative Agreement: A template agreement for appointing credit representatives and defining your rights and responsibilities. |
$352.00 |
| Credit Disclosure Documents: Consists of templates for Credit Guide, Credit Proposal and Credit Quote. |
$650.00 |
| Australian Credit Licensing "Premium Service" Option - Let Gold Seal do all the work for you. We prepare your Online Application and core proofs, lodge them with ASIC and provide up to 5 hours of technical assistance to answer any ASIC requisitions. |
$5,500.00 |
| Australian Credit Licensing "Do-It-Yourself" Option - choose which of the following services you need: |
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| DIY Licensing Kit: guidance in completing the online application and template core proof |
$550.00 |
| Criminal History Check (price per person) |
$121 pp |
| Licence Application Review - provided by Gold Seal Legal Pty Ltd |
$2,310.00 |
| Technical Advice and ASIC Requisition Support - invoiced fortnightly at hourly rate |
$418 ph |
| External Compliance Audits |
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| Loan Writer Review - from $1,500 per loan writer, call us for a quotation |
Quoted |
| External Licensee Audits - from $4,000 call us for a quotation |
Quote |
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 Download Order Form
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For more information about our compliance products, call our Sydney office or email officeadmin@goldseal.net.au
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