INTRODUCTION - Financial Services Royal Commission - Home

At its heart was a recommendation that: ... Clients were ‘assumed to be the best judges of their own interests’. CLERP 6, above n 24, 27. ... failure by a licensee to comply with s 912A is not an offence or a civil penalty provision and does not give a client a right to a remedy. The ASIC Enforcement Review Taskforce recently adopted as its ... ................
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