Operating requirement 14.7 of the Australian Registrars National Electronic Conveyancing Council’s (ARNECC’s) Model Operating Requirements (MOR), requires PEXA to establish, implement, review and keep current a Subscriber Review Process to ensure Subscribers are complying with the Model Participation Rules (MPR).
Accordingly, on a monthly basis, starting from May 2019, Subscriber Managers across a number of practitioner firms and financial institutions will be selected to participate in a Subscriber Review Process. If your firm is selected, you will have 30 days to complete the review.
We are revisiting your compliance obligations under the MPR over two webinars in March. Register for the webinars here. A recording of the webinar will be made available in the Webinar Hub for future reference.
You may also access help material on a dedicated compliance page on the e-Conveyancing Community.