Financial services regulation in Australia has undergone major reforms over the last 50 years with the introduction of sweeping changes intended to establish a comprehensive regulatory regime based on;
- Confident and informed decision-making by consumers;
- Efficiency, flexibility and innovation;
- Fairness, honesty and professionalism;
- Fair, orderly and transparent financial markets; and
- The reduction of systemic risk and the provision of fair and effective services by clearing and settlement facilities.
The FINANCIAL INVESTMENT module will continue to be updated to reflect improvements in best practice processes as well as any changes or amendments to legislation and regulations impacting the financial services sector as they occur.