ASIC issues guidance on new Australia BNPL rules to take effect in June 2025
Australia buy now pay later providers will need to hold a credit licence from June 2025.
Australia buy now pay later providers will need to hold a credit licence from June 2025.
New rules will give millions of Buy-Now, Pay-Later users key protections offered by other forms of credit.
The Australian Government is seeking feedback on the future regulatory framework for buy now, pay later (BNPL) arrangements.
The FCA has warned Buy Now Pay Later firms that their adverts must comply with the financial promotion rules.