The ALRC has set out the approach to be taken for the Financial Services Legislation multi-year inquiry. The scope briefly outlines the structure of the inquiry, a preliminary analysis of existing problems and intended inquiry outcomes, and a description of some of the key topics to be addressed in the course of the inquiry.
Intended inquiry outcomes include:
- A legal framework that supports a productive and agile financial services sector while protecting consumers;
- Regulation that is navigable and simple;
- Regulation that is technological neutral and supportive of innovation; and
- A legal framework that provides clarity to the sector on the fundamental norms of behaviour.
Merry Christmas and Happy New Year
The team at the ALRC wishes you a wonderful festive season, along with a healthy and prosperous new year. We are looking forward to a busy 2021 — full of consultations, submissions and stakeholder engagement.
The ALRC office will be closed from 5pm Wednesday 23 December 2020 and reopen 8.30am Monday 4 January 2021.