AICM Vic/Tas Symposium

Mark in your diary now a special event to be held 18-19 March 2010 at The Sebel Heritage Yarra Valley.

Comprehensive details of this special event will be available in early 2010.

For more information please contact the Victorian Office.
Phone (03) 9820 3911
Email vic@aicm.com.au

Major Legislative Reforms - Are You Ready for these changes?

AICM Roadshow

The credit industry has recently experienced a watershed in legislative reforms. If you need to know about any of these major law reforms then you should attend the relevant half day seminars.

You are invited to attend any or all of the seminars that will be conducted in 2010 relating to these issues.

Sydney Seminar Information
Melbourne Seminar Information
Brisbane Seminar Information
Adelaide Seminar Information
Perth Seminar Information

Credit Industry Faces Regulatory Overhaul

The National Consumer Credit Protection Acts received Royal Assent on 17 December 2009.

This wide ranging law reform will significantly impact upon the provision of consumer credit. If you or your organisation intends to continue to offer consumer credit then it will be essential that you apply for a credit license. In order to obtain a credit license you or your organisation must be able to demonstrate that amongst other things you comply with National Consumer Credit Protection Act s47(1)(f) relating to organisational competence.

To inform the development of your application for a credit license and outline credit license obligations ASIC have now released several regulatory guides including:

• ASIC Regulatory Guide 205 Credit licensing: General conduct obligations.
  (source asic.gov.au 23/12/2009)
• ASIC Regulatory Guide 206 Credit licensing: Competence and training
  (source asic.gov.au 23/12/2009)
• AICM is well positioned to assist you and your organisation in meeting your obligations.

For more information please contact AICM National Office
Phone 02 9906 4563
Email education@aicm.com.au
Alternatively you could visit the ASIC website www.asic.gov.au

AICM offers members a variety of discount opportunities provided by our major sponsors, Veda Advantage, D&B and Trace Personnel. We are currently also providing an offer from Premium Wines Direct.
To take advantage of these offers simply become an AICM member to receive the Member Benefit Email.

AICM Journal

Volume 17 Number 2 - December 2009

• 2009 National Conference Report & Pictorial
• YCPA Report
• The Financially Responsible Generation, with an Appetite for Credit
• Business Payment Priorities Study

2009 Conference Speaker Presentations & Photogallery

We trust that everyone enjoyed themselves and found the speakers informative at the Conference.

All available Speaker Presentations are now on the AICM website. So make the most of the opportunity to access this valuable information to further your conference benefit!

Have a look online at the Conference Photo Gallery and view the various conference events.

National Young Credit Professional of the Year

National Young Credit Professional of the Year for 2009,
Maria Homer being presented with the winner’s trophy by Steve Brown, representing YCPA National Sponsor Dun & Bradstreet

Choosing a Training Program That’s Right For You

AICM Learning Services offer a range of qualifications designed to address the learning and development needs of people who may be commencing their careers in the credit field through to those at managerial level:

• Certificate III in Financial Services
• Certificate IV in Financial Services
• Diploma of Financial Services

AICM courses address topics including: collection techniques; credit evaluation; risk management; debt recovery strategies; compliance with legal requirements; credit policy; account management and key management skills (subject to VETAB approval).

AICM Training Flexibility

The flexibility of our programs means that you may only need to attend one course and update your expertise in a particular aspect of credit, or you might like to complete a nationally recognised qualification, to enhance your reputation and status in the industry.

MEMBERS’ INFORMATION SECTION

• AICM submission, December 2009 to, “The nature & application of unconscionable conduct regulation – Issues Paper”.
• Bankruptcy Legislation Amendment Bill 2009 – Exposure Draft (14 September 2009)
• AICM Submission on National Consumer Credit Protection Bill 2009 & related bills
• AICM’s response to the Debt collection practices in Australia: Summary of Stakeholder consultation
• AICM submission regarding ‘The Australian Consumer Law – consultation on draft provisions on unfair contract terms’
• Australian Consumer Law – Fair Markets, Confident Consumers (March 2009) 
• AICM Submission to Senate Legal and Constitutional Affairs Committee (December 2008)
• AICM response to the Personal Property Securities Reform – Regulations, October 2008
• Amendments to AICM Complaints Procedure – By Law 12 ( 28 July 2008)
• Personal Property Securities Reform – AICM Submission to Attorney General (15 August 2008)
• AICM Submission to the Financial Services and Credit Reform Green Paper - including reform of the Uniform Consumer Credit Code (1 July 2008)