BEAR – Financial Institutions
Recommendation 6.8 – End 2020
Extending the BEAR to all APRA‑regulated financial services institutions
BEAR – Insurers
Recommendation 4.12 – End 2020
Extending the BEAR to APRA‑regulated insurers
BEAR – Joint Administration
Recommendation 6.6 – End 2020
Joint administration of the BEAR
BEAR – Regulated Financial Entities
Additional Commitment – End 2020
Extension of the executive accountability regime to non-prudentially regulated financial entities to be administered by ASIC.
BEAR – RSE
Recommendation 3.9 – End 2020
Extending the Banking Executive Accountability Regime (BEAR) to RSE licensees
Claims Handling Exemption
Recommendation 4.8 – June 2020
Removal of claims handling exemption
Compensation Scheme
Recommendation 7.1 – End 2020
Compensation scheme of last resort
Compliance Concern Reporting
Recommendation 2.8 – June 2020
Licensee obligations to report compliance concerns
Enforceable Code Provisions
Recommendation 1.15 – June 2020
Enforceable code provisions for industry codes of conduct