ASIC consulting on creation of new Australian Financial Complaints Authority (AFCA)
After the bill to create a new Complaints authority passed Australia's parliament on February 14 - mandating that the new authority to be named Australian Financial Complaints Authority (AFCA) be in action by November 2018 - Australia's financial regulator ASIC today released a draft updated Regulatory Guide 139, Oversight of AFCA for public consultation. The Bill to establish…
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