ASIC consults on consumer remediation guidance
ASIC has today released a consultation paper on proposed updates to Regulatory Guide 256: Client review and remediation conducted by advice licensees. Consultation Paper 335 Consumer Remediation: Update to RG 256 (CP 335) includes clarification of RG 256’s application to all financial services licensees, credit licensees and superannuation trustees. Announcing the consultation, Acting Chair Karen Chester said, “Putting money back in […]
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