Frydenberg Breaks The Code

Government assists banks with a phony code of practice

Summary: 

The Australian Banking Association released its new Code of Banking Practice on the 1st of July. This letter was to be sent to Treasurer Frydenberg a few days later but we decided to hang onto it while we monitored ASIC, Treasury and the banks. We have now sent this to the Treasurer and publish it here today because very soon the Senate will vote on a motion to disallow the new Code. Every Senator must vote to axe the code ..... here's why.......

Article Information
Category: 
Author: 
Dr P Brandson - CEO Bank Reform Now
Source: 
BRN Press Release
Date First Published: 
8 Sep 2019
Posted By
Peter Brandson
Peter Brandson's picture

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