Australian Bankers’ Association submission on ASIC’s power to ban senior officials

ABA’s submission to Data 61 on Consumer Data Rights Standards 0.9.3 highlighted the need for a number of important functional and security requirements to be embedded in the regime.

The ABA welcomes APRA’s revision of the current buffer and floor limits set in December 2014.

The ABA’s has specific comments on the following chapters: Third parties and related parties Implementation of controls Internal audit Attachment B: Training and awareness Attachment C: Identity and access