skip to Main Content

Banking Code of Practice Review

Submission to: ASIC

Joint consumer submission (led by Consumer Action Law Centre) to ASIC responding to their consultation about proposed changes to the Banking Code of Practice. The proposed changes would significantly weaken the Code, including through the removal of the requirement that when lending money, a bank will exercise the reasonable skill and care of a diligent and prudent banker as well as changes to clauses relating to complaints handling.


×Close search