FICA Submissions
Media Release – Compensation Scheme of Last Resort
Representatives from across the financial services industry yesterday attended a roundtable hosted by Assistant Treasurer Dr Daniel Mulino to discuss the current Compensation Scheme of Last Resort (CSLR) excess levy.
Regulatory Simplification Priorities for Financial Services
Members of the Financial Industry Council of Australia (FICA) are committed to working with regulators and the Government to design an effective regulatory simplification roadmap.
Joint industry submission on the Compensation Scheme of Last Resort
Members of the Financial Industry Council of Australia (FICA) support the role of the CSLR to act as a genuine scheme of last resort for victims of financial misconduct and support the steps announced to consult on changes to the CSLR to ensure its sustainability.
FICA Statement of Principle on Financial Abuse and Family and Domestic Violence
Members of the Finance Industry Council of Australia (FICA) have affirmed our commitment to lead the financial services industry and its stakeholders to address financial abuse and family and domestic violence in our community.
Strengthening the Protections Against Unfair Contract Terms
The purpose of this letter is to outline the key areas of common agreement between FICA members and suggested next steps.
Financial Accountability Regime (FAR) Exposure Draft Bill and ancillary documentation
The purpose of this letter is to outline some key areas of common agreement between our members in relation to the FAR Package.
Breach Reporting Regulations
The purpose of this letter is to outline some key areas of agreement between FICA members on Breach Reporting Regulations, where it will be important to ensure clarity of legal obligations and simplicity of compliance expectations.