The conduct of banks, credit unions and building societies is supervised by the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority. The Reserve Bank of Australia also has a role in encouraging and promoting sound banking practices, so that banks and other ADIs maintain stability in the financial system.
The content of the Law Handbook is made available as a public service for information purposes only and should not be relied upon as a substitute for legal advice. See Disclaimer for details. For free and confidential legal advice in South Australia call 1300 366 424.