arca

ARCA Executive Breakfast Announcement - Bookings Now Open!

 

Our topic is ASIC’s recent credit card work and what it means for the evolution of responsible lending. Following on from the Royal Commission, regulators are fine-tuning their expectations regarding credit provider behaviour and it is great timing to provide industry insights into best practice for understanding and meeting their new requirements.

 

Our keynote speaker in Melbourne is Richard McMahon, Senior Manager, Deposit-Takers, Credit & Insurers, ASIC
Our keynote speaker in Sydney is Felicity Natoli, Group Senior Manager, Deposit-Takers, Credit & Insurers, ASIC
 

Key Insights addressed will include:

  • ASIC’s review of credit cards and how it has influenced CP 303
  • The ability of Open Banking to assist with meeting ASIC’s expectations
  • Recommendations on ‘problematic debt’, meeting ‘actual needs and use’ and balance transfers
  • What insights does REP 580 give into ASIC’s current regulatory approach?

Panel discussion:

A panel will then convene to discuss Challenges and opportunities for credit providers, including:
  • Product profitability implications
  • Have the current regulations failed, or have those being regulated failed to look after their customers?
  • At what point do the regulators move beyond the expectation that a CP uses the customer data that it ‘holds’, to using the data that it ‘can get’?
  • Implications for CCR uptake.
  • Consequences for the new regulatory approach for product design, governance, competition and profitability.
 
Panel participants include:
 
SYDNEY
  • Richard McMahon, Senior Manager, ASIC
  • Chris Irwin, Head of Retail Credit Risk – Strategy, Scorecards & Policy, Group Risk, Bank of Queensland
  • Michael Hendricks, ME Bank
  • Katherine Forrest, Partner, King & Wood Mallesons
 
MELBOURNE
  • Felicity Natoli, Group Senior Manager, ASIC
  • Michael Hendricks, ME Bank
  • Katherine Forrest, Partner, King & Wood Mallesons
  • Jason Humphrey, Head of Retail Bank, ANZ (Melbourne only)

Q & A:

Members and industry guests will have the opportunity to ask questions from the audience relating to ASIC's new focus. Our facilitator will be Mike Cutter, Group Managing Director, Australia & NZ at Equifax.
Event Dates & locations:
  • Sydney: Wednesday 12 September 2018 at the Amora Hotel, 11 Jamison Street, Sydney, 2000
  • Melbourne: Friday 14th September 2018 at the Sofitel Melbourne on Collins, 25 Collins Street, Melbourne, VIC 3000

 

Time: 7am – 10:30am.

 

Ticket prices:

  • Member price – single ticket:                   $132 + GST
  • Member price – table of 8 - 10:                $1116 pp + GST
  • Non-member price – single ticket:           $162 + GST
  • Non-member price – table of 8 - 10:        $142 pp + GST
 

These Executive Breakfasts are kindly sponsored by Equifax, and on behalf of Members, we thank Equifax for this support.


To book, please click here for Sydney OR here for Melbourneor contact Domonique Jovanovich - djovanovich@rfigroup.com or +61 2 9126 2638 for general enquiries. Rebecca Murray – rmurray@arca.asn.au for event enquiries. James Harradine – jharradine@rfigroup.com or +61 2 9126 2616 for ticketing enquiries.


The ARCA team look forward to welcoming you to this important event.