Banks. Superannuation managers, financial advisors are all mandated to be a member of AFCA. We have a criminal syndicate managing TRUST ACCOUNTS in a position of power over peoples homes and the use of their money who have the choice whether their behaviours are governed. The silver lining is we are waking up, educating ourselves on legislation and we’ve had enough! It’s so much bigger that just strata, the trades, the little slap on the wrists by fair trading. A royal commission is imminent.
There should be no surprises about the level of corruption, misconduct and human rights violations that are being reported.
I’ve got acknowledgement that my strata has breached legislative duties and is being dealt with by “appropriate compliance action in accordance with our policies and procedures”.
Great news now I know my rights but so ambiguous as a response to a fraud scenario. I now need to submit an FOI to ensure I know what’s covered in this finding by FT NSW