LEGAL AND COMPLIANCE

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An Overview of Legal & Compliance

In addition to the NCCP Act, finance brokers are subject to other laws, including in particular:

Trade Practices Act, ASIC Act, and Fair Trading Act – must not act in a misleading and deceptive fashion or unconscionably;
UCCC – use comparison rates and comparison rate schedules where required;
Privacy Act;
Industry codes of conduct (eg. MFAA’s / FBAA’s code of practice);
Door to Door Trading Acts
The hawking prohibitions in the Corporations Act
e-marketing Code of Conduct
the Spam Act

If you have a Legal & Compliance enquiry, please email us compliance@ybr.com.au for further assistance.