Credit Risk
AUS
Policy
Hardship Policy
A professionally drafted Hardship Policy for banks, deposit-taking institutions and finance companies, covering credit risk appetite, origination and portfolio management. Australian edition, designed around the Australian regulatory framework (APRA, ASIC and AUSTRAC) as at the last-reviewed date shown — verify currency for your circumstances before use. Supplied as a fully editable Microsoft Word document, de-identified and ready to adapt to your organisation. Typical owner: Chief Risk Officer; approval: Board of Directors.
| Typical owner | Chief Risk Officer |
|---|---|
| Typical approval | Board of Directors |
| Length | ~2,716 words (approx. 7 pages) |
| Last reviewed | March 2026 — verify currency for your circumstances before use |
| Format | Microsoft Word (.docx), fully editable |
| Delivery | Instant download after purchase; re-download any time from your account |
| Licence | Single-organisation licence |
| Guarantee | Materially defective or misdescribed? We'll resupply, replace or refund within 30 days — see Terms |
What's inside
- 2. OBJECTIVES OF POLICY
- 10. TIMEFRAMES FOR RESPONDING TO REQUESTS FOR HARDSHIP VARIATIONS
- 11. MAXIMUM FINANCE TO VALUE RATIO (FVR)
- 12. ENFORCEMENT ACTION
- 13. TRAINING
- 14. REPORTING
- 15. ENFORCEMENT AND REVIEW
- 16. AUDITS AND RECORDS
- 17. POLICY REVIEW
- Policy Administration Information
Please note: this is a template prepared in good faith, not legal or compliance advice. Your organisation must review, tailor and approve it before use. Full disclaimer.