Bankingcoderev

The Banking Code is a set of enforceable standards that customers, small businesses, and their guarantors can expect from Australian banks. The Code provides safeguards and protections not set out in the law. It complements the law and, in some areas, sets higher standards than the law. Clear, and easy to understand, it outlines protections for all bank customers. The Code is independently reviewed every three years. The 2021 independent review is being undertaken by Mr Mike Callaghan AM PSM. The review is being undertaken in consultation with consumer representatives, small business organisations and other stakeholders.
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Keywords: financial services