Treasury
To advise the Government on the Australian Financial Complaints Authority's (AFCA) terms of reference, governance and funding arrangements. It will also make recommendations on the authorisation process for AFCA and the transitional arrangements required to appropriately settle the cases currently before the three existing schemes. Once legislation to establish AFCA has passed the Parliament, its focus will be on overseeing the operational transition of the existing schemes to AFCA.

Further information

  • Type of Body

    D. Advisory Body - Policy and Stakeholder Consultation

  • Established By / Under

    Minister

  • Annual Report Prepared and tabled?

    No

  • Classification

    B. Secondary

  • Creation Date

    26 July 2017

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