GuerdonNews® Special Alert: Financial Accountability Regime 2021

19 July 2021

Dear reader,

 

Special GuerdonNews® Alert - Financial Accountability Regime legislation on remuneration and accountability 

 

 

 

In this special alert, we summarise the recent release of the Financial Accountability Regime (FAR) draft legislation. The draft legislation was released just prior to the weekend. It governs accountability and remuneration for financial regulated entities alongside APRA's CPS 511. Unfortunately, the two regulations do not entirely complement each other, with potential for inconsistency and confusion.

 

See our summary HERE

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