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Australia Signals It Won’t Tolerate Scams: Regulator and Ombudsman Join Forces

Australia Signals It Won’t Tolerate Scams: Regulator and Ombudsman Join Forces
The Australian Prudential Regulatory Authority (APRA) has signed a new Memorandum of Understanding (MoU) with the Austrian Financial Complaints Authority (AFCA) for continued cooperation ‘to support a fair and efficient financial system.’ AFCA, a membership-based external dispute resolution (EDR) body for Australian consumers, announced the development on Friday, noting that the memorandum outlines the basis for engagement between the non-profit and the prudential regulator. The agreement covers... Read More
Posted: Apr 28 2023, 14:33
Author Name: financemagnates
Views: 112538

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