Financial services monthly wrap up: April 2020



Australia Publication April 2020

In April 2020, the financial services industry has been actively engaging with the Federal Government and regulators in order to address key issues and mitigate risks as a consequence of COVID-19. While regulators have changed certain priorities, with a number of initiatives and consultations put on hold, focus has primarily been on ensuring financial stability and appropriate consumer outcomes. This has included the regulators reminding superannuation trustees, responsible entities of managed funds and insurers of their obligations to ensure appropriate mechanisms are in place to protect consumers during these challenging and uncertain times.

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