Live Australian Financial Complaints Authority News with Latest Updates

Live Australian Financial Complaints Authority news and developments with the latest updates. Check out current Australian Financial Complaints Authority news stories and find out what happened, what is going on with Australian Financial Complaints Authority. Recent news updates about Australian Financial Complaints Authority
Changes to Australian Credit Laws
AFCA Datacube updated with latest complaint statistics
ASIC tells fund managers to be ‘true to label’
Consultation now open on AFCA Rules changes ahead of Superannuation Complaints Tribunal ceasing operations
Business interruption test case heads to NSW Court of Appeal
AFCA makes submission to ASIC’s product intervention power on add-on motor vehicle financial risk products
Insurance Council launches business interruption test case in NSW Supreme Court
ASIC commences action against GoGetta Equipment Funding Pty Ltd for unlicensed consumer leasing
ASIC permanently bans Brisbane finance broker and cancels credit licence
Superannuation trustees compensate members wrongly classified as ‘smokers’
AFCA makes submission to ASIC’s product intervention powers consultation
AFCA appoints Head of Membership Services
Insurance Council and AFCA agree to launch business interruption test case
AFCA welcomes updated guidance on IDR procedures
ASIC releases final updated guidance on complaints handling
AFCA receives more than 80,000 complaints in FY19/20, nearly 5,000 of which are COVID-19 related
AFCA bans paid representative from lodging complaints
Insurance Council appoints new chair of Code Governance Committee
ASIC cancels licence of retail OTC issuer Forex Capital Trading Pty Ltd
Regulatory sandbox to boost Fintech innovation and competition in financial system
Regulatory sandbox to boost Fintech innovation and competition in financial system
AFCA receives more than 3100 complaints relating to COVID-19
Witness List for 26 May 2020
AFCA launches new videos for diverse communities
ASIC takes action on two AFS licensees
COVID-19 financial losses highlight urgent need for Compensation Scheme of Last Resort
ASIC cancels AFS licences of FS Securities, Your Super Life and ACN 140 520 225
AFCA sets out how it will work with regulators, consumers and industry, taking into account COVID-19 challenges
Complaints about home loans increase by 20%
Ian Govey AM to chair Banking Code Compliance Committee
AFCA responds to compensation scheme of last resort consultation
ASIC permanently bans Sydney licensee from providing financial services and cancels licence
NIBA urges bushfire victims to beware of unlicensed and unregulated “claims advisers”
Financial ombudsman warns against insurance middlemen
Financial ombudsman launches dedicated bushfire hotline
AFCA announces dedicated support for bushfire victims
ASIC cancels AFS Licence of KP International Group Australia Pty Ltd
Ombudsman backs unfair contract term protections for small business
AFCA confirms its approach to responsible lending will be fully aligned to ASIC’s guidance
AFCA approach to adviser conduct obligations
AFCA approach to adviser conduct obligations
AFCA welcomes new General Counsel
AFCA to strengthen focus on systemic issues
AFCA’s new ‘Datacube’ enables Australians to see how Financial Firms are handling Complaints
ASIC obtains freezing orders against Sydney financial adviser Ross Andrew Hopkins
AFCA announces appointment of Chief Operating Officer
$185 million in compensation awarded to consumers in AFCA’s first 12 months
AFCA appoints industry leader to spearhead customer service