PIAC is a non-profit organization that provides legal and research services on behalf of consumer interests, and, in particular, vulnerable consumer interests, concerning the provision of important public services. Please consider making a tax deductible donation.
PIAC Comments on the OBSI Consultation Paper Suitability and Loss Assessment Process
Tuesday, July 26, 2011
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.
Read the full comments:
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