Details for public hearings on ASIC's responsible lending guidance announced

ASIC will hold public hearings in Sydney on the 12th of August and Melbourne on the 19th of August.

The hearings are part of the wider public consultation on ASIC's guidance on the responsible lending obligations. It will allow ASIC to test particular issues raised in submissions. More information about the consultation, including the current Regulatory Guide 209 and stakeholder submissions are available on ASIC's website.

The hearings will be conducted by Commissioner Sean Hughes and Deputy Chair Karen Chester with Commissioner Danielle Press also in attendance.

ASIC has contacted the parties who are invited to appear. ASIC's website will be updated with a list of participants the day before each of the hearings.

The hearings are open for the public to attend and audio from the proceedings will be live streamed via ASIC's website at asic.gov.au/responsible-lending-hearings. A transcript of proceedings will be made available on ASIC's website following the hearings.

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