Updates on Banking Code of Practice

June 28th, 2019

As you are aware the new 2019 Banking Code of Practice (BCOP), comes into effect for applications to be assessed from 1 July 2019.  The BCOP is part of a reform agenda to improve banking services. It introduces a range of measures to make banking products and services easier to understand and more customer-focused.  It represents a stronger commitment to ethical behaviour, responsible lending, greater protection and increased transparency.

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