Banking code revamp small step in regaining trust
Clancy Yeates |
28 March 2018
After weeks of having their reputations dragged through the mud, banks are pushing ahead with plans to bolster the industry’s code of conduct.
The Australian Bankers’ Association this week took another step in its plan to overhaul the Banking Code of Practice, by making it compulsory for all member banks with retail operations to sign up to the code. Previously, signing the code was voluntary.