Australian Senate passes legislation ensuring victims of financial misconduct get compensation
The CSLR will facilitate compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority.
The CSLR will facilitate compensation of up to $150,000 to consumers who have an unpaid determination from the Australian Financial Complaints Authority.
A new Australian compensation scheme gives hope to customers of insolvent firms such as Berndale, USGFX, and MyPlanner.
The Australian Government consults on a financial services compensation scheme of last resort (CSLR).