10 October 2023
The ABA has concerns with the proposed Registrar’s Requirements and their impact on the Memorandum of Common Provisions (MCPs). We respectfully request that LUV reconsider the adoption of the proposed Registrar’s Requirement 19. This change phases out of the use of already registered and long-established MCPs across industry, with little policy justification. The ABA maintains… Read more »
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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.