The Self-reporting Guidance for Lenders (draft guidance) is intended to help lenders understand the process to follow when reporting potential breaches of the Credit Contracts and Consumer Finance Act 2003 and/or Fair Trading Act 1986 and the consideration that will be given to the self-report by the Commission.
We are issuing the draft guidance for public consultation. We are keen to receive feedback and comments on the draft guidance from interested parties. We are particularly interested in whether the draft guidance is helpful and if there are any questions you have which you think should be answered in the guidance.
In your submission, please explain your response and provide recommendations for how we can improve the guidance.
You can read and download the draft guidance below.
Please email your feedback on the draft guidance to guidancefeedback@comcom.govt.nz with the subject line: “Self-reporting Guidance for Lenders” before 5pm on 28 June 2024.
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