Recommendation 1.2 – Mortgage Brokers – Best InterestMortgage broker best interests duty Recommendation 1.3 – Mortgage Brokers – RemunerationMortgage Broker Remuneration Recommendation 1.6 – Mortgage Brokers – Reference CheckingReference checking and information sharing for mortgage brokers Recommendation 1.7 – Point Read More …
Tag: reference
Measures to Strengthen Financial Regulators
Recommendation 1.6 – Reference checking and information sharing for mortgage brokers Recommendation 2.7 – Reference checking and information sharing for financial advisers Recommendation 2.8 – Licensee obligations to report compliance concerns Recommendation 2.9 – Licensee obligations where misconduct by financial Read More …
2.7 — Reference checking and information sharing
All AFSL holders should be required, as a condition of their licence, to give effect to reference checking and information‑sharing protocols for financial advisers, to the same effect as now provided by the ABA in its ‘Financial Advice — Recruitment Read More …
3.2 Priorities
Proper governance requires setting priorities. Setting priorities requires choices. Sometimes the choice is between conflicting goals or conflicting courses of action; often the choice is about application of resources, timing or relative importance. In the present context, two different, but Read More …
6 Enforceability of industry codes
I deal next with the enforceability of industry codes, and I do so by reference principally to the 2019 Banking Code.
2 Recommendations
In the succeeding chapters of this Report, I make a number of recommendations. It is desirable to set them out here and to do that: first, by reference to subject matter, recording the recommendations in the order in which they Read More …