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LIXI AGM & Forum:
LIXI will be holding it's annual LIXI Forum & AGM on Thursday 17th November 2016 at Sheraton on the Park, Sydney.
Learn how standards can reduce the cost of doing business in the ever changing environment in which we operate. The Forum covers industry relevant topics while creating an excellent networking opportunity across the entire lending chain
Click here for further information or to register.
ASIC AND RESPONSIBLE LENDING:
On 14th September, ASIC released its report (REP 493) 'Review of interest-only home loans: Mortgage brokers’ inquiries into consumers’ requirements and objectives' on the responsible lending practices of 11 large mortgage brokers with a particular focus on how they inquire into and record consumers' requirements and objectives.
Via the Living Expenses Working Group LIXI continues to support our members and licensees, ensuring they are able to adapt to any change required by ASIC.
If you would like to get involved email email@example.com.
One of LIXI’s prime objectives is to collaborate with stakeholders to develop and maintain data standards that enable efficient processing of customer transactions through the lending cycle.
These LIXI standards address a number of distinct B2B transactions that take place right though the lending cycle from lodgement through settlement to discharge.
Over the last ten years, LIXI standards have been adopted universally across the Australian industry and has been significantly enhanced through the launch of the next generation LIXI 2.0 standards.