Australia – CM C

2024, Cross-border, Update

Country Manual Credits

Australia – Update 2024

BRP SA - Australia Sydney CM C
BRP SA – Australia Sydney CM C

BRP has updated its Country Manual Credits for Australia out of Credits institutions country of establishment (RS, BT & RT)

Source of changesAnswers
Law / RegulationNo
New Position of the AuthoritiesNo
Evolution of Expert’s InterpretationNo

Regulatory Template

Material changes

The Country Manual has been reviewed to ensure that the content of all documents remains accurate and up to date. We can confirm that there have been no major material changes or modifications of the relevant Australian cross-border legislation since the last publication of this Country Manual.

Non-material changes

Some comments have been reworded to reflect the regulatory situation/current interpretation of the regulatory framework more accurately and content has been streamlined.

Behaviour Template

The answers in the BT have been aligned to those contained in the RT.

Definitions and Concepts

The document Definitions and Concepts now includes a Concordance Table. This Table is designed to help the users of the Country Manual Credits easily recognize existing or potential interactions between the rules of different types of credits.

For more information, please contact us: info@brpsa.com

Geneva, October 25th, 2024