Operating across multiple jurisdictions in agricultural finance means navigating a complex web of regulatory requirements. From ASIC in Australia to the FMA in New Zealand, OSFI in Canada, and state-level regulators in the US, each market has distinct licensing, disclosure, and conduct obligations.
Key Compliance Considerations
Credit licensing requirements vary significantly. In Australia, an Australian Credit Licence (ACL) is mandatory for most lending and broking activities. New Zealand operates under the Credit Contracts and Consumer Finance Act. Canada and the US each have provincial or state-level frameworks that add further complexity.
How Pay In Time Approaches Compliance
Pay In Time operates as an introducer and referral service, connecting producers with licensed financial services providers in each jurisdiction. This model ensures that all lending activity is conducted by appropriately licensed entities while allowing us to serve farming communities across borders.
Our compliance-first approach means every partner in our network holds the necessary authorisations for their jurisdiction. We verify licensing status as part of our onboarding process and maintain ongoing monitoring.
Want to join a compliance-focused network? Apply to become a Preferred Partner.
