[Opinion] Four simple steps to a new code
There are four simple steps.
Step 1:
Get the Select Committee to change the wording of proposed Schedule 5 s32 of FMCA as we recommended to the Select Committee.
FSLAB proposes “The Code must provide for minimum standards of professional conduct that must be demonstrated when regulated financial advice is given….” The words underlined are the ones that appear to have led the CWG to the conclusion it is writing a service Code. We think that is where one set of their difficulties starts.
We submitted that the section should be amended to read:
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
