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FSC calls for CSLR claims cap

The Financial Services Council (FSC) has called for the government to cap compensation claims over financial misconduct at "reasonable levels" so as not to create a "moral hazard".

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Read more: GovernmentFinancial Services CouncilAustralian Financial Complaints AuthorityCompensation Scheme of Last ResortGeneral Levy Resilience ReserveSally LoaneTreasury