FAR - Proposed Regulator and Transitional Rules
On 17 August 2023, AFIA provided our submission to ASIC and APRA on their proposed regulator and transitional rules for the new Financial Accountability Regime (FAR).
This submission echoes our comments made in response to earlier consultations on this topic.
AFIA supports the FAR and made comments designed to ensure it is implemented in a measured way that will not inadvertently stifle competition or consumer choice.