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Showing 11 - 18 of 18 results for "Banking Code"

Industry body rejects ABA banking code

KANIKA SOOD  |  MONDAY, 10 SEP 2018
... Association chief executive Anna Bligh's call for mutual banks, credit unions and building societies to adopt the ABA's new banking code of practice has been labelled "gratuitous" by an industry body which says a better code of practice is already in ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
The Australian Banking Association (ABA) believes the new Banking Code of Practice standards should be adopted across the entire industry, including banks that are not ABA members. According to the association, the standards between credit unions, buildings ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... important industry reform initiatives such as the Better Banking Reform Program, which included a complete rewrite of the Banking Code of Practice. There is no doubt his wise counsel and guidance will be missed by all ABA member banks," ABA said in a ...

Industry welcomes final Better Banking report

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... community expectations, such as changing the way bank staff are paid and improving customer protections under the new Banking Code. "While this is the final report by Ian McPhee, the industry has taken his advice and will be putting in place further ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... 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. The new code will be binding, enforceable by law and will ...

Panel to review financial services complaints system

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... particular expertise in financial services regulation and competition policy, including as a previous member of the Banking Code of Practice's compliance committee. Alan Kirkland - Has been the chief executive of Choice for the past three-and-a-half ...

Govt lifts financial hardship threshold

WWW.THESHEET.COM  |  MONDAY, 27 APR 2009
... obliged to vary contracts where a customer is in a position of hardship, an obligation imposed by changes to the Banking Code of Practice. The proposed change in the national consumer credit law, which is yet to go before parliament, may rope in additional ...

Banking complaints low despite transactions increase: ASIC

... remained low," said Delia Rickard, ASIC's deputy executive director of consumer protection. "Complaints under the Banking Code of Conduct decreased from 3.28 per million transactions in the 2000/2001 reporting period to 2.17 per million in this one - ...
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