Financial services monthly wrap up: May 2020



Australia Publication May 2020

With the impact of COVID-19 still being felt, May 2020 has seen further responses from the Federal Government and regulators to address risks, with a particular focus on recovery. Many consultations and reforms have been delayed as a consequence, including the commencement of the design and distribution obligations and recommendations from the Financial Services Royal Commission. APRA has also provided useful information at both an industry and a fund level as to the impact of COVID-19 on the superannuation industry.

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