10 June 2016
The ABA provided the BCBS with comments on the Consultative Document: Pillar 3 disclosure requirements – consolidated and enhanced framework. The ABA is supportive of the proposed enhancements and the consolidation of all existing and prospective BCBS disclosure requirements into the Pillar 3 framework.
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The ABA continues to support the intent of the CSLR as a last-resort scheme that compensates genuine victims where they have suffered actual financial loss as a result of financial misconduct that they have otherwise been unable to recover.
The Australian Banking Association (ABA) welcomes the opportunity to make a submission to the Treasury consultation Registry Stabilisation and Uplift – draft legislation (the consultation).
The Australian Banking Association welcomes the opportunity to comment on the Consultation Paper – 2026 Reforms to the AML/CTF Act.