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Issue 735, 3 February 2020 
In this issue: 

 

Royal Commission implementation: exposure draft legislation 

Treasury has released an extensive package of consultation materials dealing with implementation of several recommendations made in the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (see ASFA Action issue 697). In broad terms, the recommendations covered by this package involve enhancing consumer protections and strengthening the regulators. 

Of potential relevance for superannuation, the consultation package includes draft legislation addressing: 

If you have any feedback you would like ASFA to consider in responding to the draft legislation, please forward it to Maggie Kaczmarska by close of business Wednesday, 19 February. 

The ASFA Royal Commission Working Group will also be consulted to help shape ASFA’s response to the draft legislation. 

 

 

ASFA REGULATORY WATCHLIST

ASFA’s Regulatory Watchlist (ARW) tracks developments in Legislation, inquiries, consultations

and other regulatory announcements relevant to superannuation.

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