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agree. regulation fit for purpose. customer outcomes should also...

  1. AaronM80
    322 Posts.
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    30/07/20
    16:12
    Post #: 46190759
    agree. regulation fit for purpose. customer outcomes should also be factored when designing new guidelines.

    code of conduct is a positive start.

    pip also a powerful tool asic can deploy where rogue bnpl operators are causing significant consumer harm

    just wary of competitors like comm bank promoting 'consumer safeguards' in an industry they had no real interest 12 months ago.

    my plea to regulators, legislators is very simple - don't let the fox (comm bank) guard the chicken coop
    Last edited by AaronM80: 30/07/20
    APT Price at posting: $68.82 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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