Section 1 – Bank licences -

1.1 What licences or approvals do lenders need to have if lending to a borrower in this jurisdiction if a) the lender is a bank or b) the lender is a not a bank?

No licences or approvals are generally required, irrespective of whether or not the lender is a bank. However, activities involving residential real estate and consumer lending (where the borrower is an individual, a sole trader, a partnership with no more than three partners or an unincorporated association) are subject to regulatory regimes.