TITLE

The financial services commandments

AUTHOR(S)
Bailey, Sonnie
PUB. DATE
July 2010
SOURCE
Money Management;7/8/2010, Vol. 24 Issue 24, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article talks about Section 912A of the Corporations Act and section 47 of the National Consumer Credit Act 2009 introduced in Australia which articulate standards that a financial services provider should meet. Financial commandments embedded in the Corporation Act require financial advisors to give appropriate advice to their clients. The act also details the general obligations of an Australian Financial Services licensee. Information on consumer credit guidelines is also provided.
ACCESSION #
53013537

 

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