ASIC’s lashes out on BPNL code of conduct, page-21

I’m sure we have done this dance before but lets do it again.

APT would be classing themselves as a non credit provider as they do not hold an ACL & are not required to hold an ACL.

Your recent history shows discussions on just one stock - APT. If you seriously think regulation will impact the BNPL space, you may be better off targeting the other BNPL providers like OPY, FXL & Z1P which provide longer duration terms eg 24 months and above. This is where regulation will impact more, as is being evidenced by the NET code and FXL decision to appeal it.

You may not have noticed, but outside Australia is the driving force behind APT’s share price surge. Even if regulation did come in, it means it’s only in a small country and affects all players equally