Funds and financial products
Asia Region Funds Passport regulations registered
On 20 August, the Corporations Amendment (Asia Region Funds Passport) Regulations 2018 (Cth) was registered.
The new Mutual Banking Code of Practice commenced on 1 January 2014.
ADIs subscribe to the Code by formally signing up to be bound by it. Not all members of the Customer Owned Banking Association are subscribers to the Code.
The changes from the previous Code largely reflect the movements in the regulatory environment. Some of the main changes are summarised below: More…