23 October 2020
The ABA believes that this process flow will benefit from an additional step ‘Testing’. The ABA recommends that testing stages which are aligned to those documented in the ACCC’s ‘Assurance Strategy Consumer Data Right’ (28/8/19) should be implemented for all data holders.Download PDF
The ABA supports the introduction of mandatory climate-related financial disclosures aligned with the ISSB, and we feel that the proposed model generally strikes an appropriate balance. The submission makes key points across six areas: phased approach, reporting content, reporting location, assurance, continuous disclosure and the modified liability approach.
The ABA’s submission to the ACCC’s Retail Deposits Inquiry 2023. Australian banks continue to provide a competitive, dynamic, and innovative marketplace for deposits. Banks are also cognisant of the variety of uses for deposit accounts and strive to provide products and services that meet the needs of customers.