State of the industry update – best interests duty
State of the industry update – best interests duty
ASIC released its final regulatory guide on what a best interests duty (BID) means for mortgage brokers and what is required to meet the new upcoming legislation.
In our state of the industry update webinar hosted by Mark Haron, Executive Director, Connective, joined by Daniel Oh, Group Legal Counsel, Connective, they provided an update on:
- understanding the legislation
- regulatory guidance – what do you need to know
- how to comply with the best interests duty?
- what we’re doing to support you