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ABA makes new code compulsory

Retail banks wishing to be members of the Australian Banking Association (ABA) will now have to sign up for its revamped Banking Code of Practice, which is currently awaiting ASIC's nod of approval.

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Read more: ABAASICFINSIARoyal CommissionAustralian Banking AssociationCode of Banking PracticeAnna BlighChris WhiteheadFinancial Services Institute of Australasia