What do the latest recommendations on the Banking Code of Practice mean for SMEs? Finance Neil Slonim 15 December 2021 Neil Slonim explains the effect the 116 recommendations made in the latest Banking Code of Practice review could have on small businesses.
Royal commission reforms to “broken” banking code delayed as ombudsman urges scrutiny over get-out-of-jail clauses Finance Matthew Elmas 20 August 2019 It will be about 18 months before a royal commission banking code proposal is implemented after lobbyists pushed for a delay.
New banking Code of Practice levels SME playing field, but Ombudsman disappointed at $3 million loan threshold Funding Dominic Powell 1 August 2018 A newly minted banking Code of Practice has been heralded as a win for small business in the aftermath of the banking royal commission.