The Lending Standards Board (LSB) is the primary self-regulatory body for the banking and lending industry.
Our mission is to drive fair customer outcomes within financial services through independent oversight. The LSB covers both personal and business customers of financial services. We are independent in our approach to setting standards and to overseeing compliance with those standards.
The Standards and Codes we set and oversee currently cover:
• Lending
• Asset Finance
• Authorised push payment scams
• Access to Banking, and
• Credit Card Market Study (CCMS) information remedies
We aim to achieve fair outcomes for consumers, both business and personal, by:
• Setting high standards
• Delivering independent oversight
• Reaching wider, and
• Raising awareness