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PIAC Comments on the OBSI Consultation Paper Suitability and Loss Assessment Process

PIAC has reviewed the suitability and loss calculation methodology of the Ombudsman for Banking Services and investments (OBSI) and we make the following comments from the conviction that the OBSI approach is not only defensible but is a decided benefit to firms and consumers.

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Download File: piac_comments_obsi_suitability_loss_assessment_final.pdf [size: 0.1 mb]

“PIAC Comments on the OBSI Consultation Paper Suitability and Loss Assessment Process