AFCA is committed to being open, transparent and accountable to the public. As part of our new transparency measures, AFCA has proposed to identify financial firms in our published decisions.
We have drafted changes to Rule A.14.5 that will enable us to identify financial firms in published determinations. This will apply to determinations issued after the changes take effect, subject to the changes being approved by ASIC.
Consultation on the Rules amendments closed on Thursday 20 June 2019. Feedback was sought based on the following consultation documents.
Submissions received during the consultation period are published below. The feedback received will be considered and any appropriate changes made, before any proposed amendments to the Rules are provided to ASIC for review and approval. We will update further on this proposed Rules change.
Please note: If a submission was marked confidential it will not be published below. If a submission contained specific complaint details or personal contact details they have been redacted for privacy reasons.