Financial Accountability Regime - Regulator rules and Transitional rules
The Superannuation Committee of the Law Council of Australia’s Legal Practice Section has provided a submission to APRA and ASIC about the Financial Accountability Regime (FA Regime) – Regulator rules and Transitional rules.
The Regulators request that all interested stakeholders use this consultation to provide feedback or information on:
- the proposed lists of Insurance Key Functions and RSE licensee Key Functions within the draft amendment instrument;
- the proposed Insurance Key Functions and RSE licensee Key Functions descriptions;
- the compliance impact of the proposed changes; and
- any other substantive costs associated with the changes.
Read the full submission below.
Last Updated on 24/04/2024
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