1. The Financial Services Industry
... including securities, derivatives, general and life insurance, superannuation, deposit accounts and means of payment facilities. The National Protection Act 2009 establishes a single, standard, national system for the regulation of credit. As part of this, state and territory governments have adopted the National credit code, which improves consumer protection for a wide range of credit activities by requiring: credit transactions be ... by predatory lenders, such as using household items as security for cash loans, lenders to truthfully disclosure all fees, commission and interest rates...
- Word Count: 1272
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate