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Mortgage Business ABA launches Banking Code review By Sarah Simpkins 07 July 2021 The Australian Banking Association has commissioned an independent review of the Banking Code of Practice, with an industry consultation calling for submissions. As put by Anna Bligh, chief executive of the Australian Banking Association (ABA), the Banking Code of Practice is a “rule book… that sets out clear rights for customers” and is enforceable by law. The code, maintained by the ABA, is reviewed at least once every three years. It has been in place since 1993. But the code is being assessed for any necessary updates, with a review being undertaken by former Treasury deputy secretary Mike Callaghan, who also chaired the government’s recent retirement income review.

Sarah simpkinsMike callaghanAnna blighAustralian banking associationBusiness accelerator programFinancial sector reform hayne royal commission responseBanking codeFinancial sector reformHayne royal commission responseMortgage businessசாரா சிம்ப்கின்ஸ்மைக் காலகன்அண்ணா பிலிக்ஆஸ்திரேலிய வங்கி சங்கம்வணிக முடுக்குப்பொறி ப்ரோக்ர்யாம்நிதி துறை சீர்திருத்தம் ஹேன் அரச தரகு பதில்