AIST Submission: The hawking prohibition: Update to RG 38
AIST supports the proposed updates to RG 38 to protect consumers from being sold unwanted products. Further guidance is suggested to assist licensees meet the proposed obligations in areas such as technology, consent, underperformance, generic approaches to a fund, and helping members choose products like insurance. Additional scenarios that should be captured by the hawking prohibitions are identified.
ASIC-Hawking-CP-346_FINAL.pdf
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