On 24 April, the Treasury Laws Amendment (Putting Consumers First—Establishment of the Australian Financial Complaints Aut hority) Regulations 2018 (Cth) was registered.

The Explanatory Statement to the regulations states that the regulations include amendments to ensure that requirements that apply to ASIC-approved external dispute resolution schemes or the Superannuation Complaints Tribunal are replaced with requirements that apply in relation to the Australian Financial Complaints Authority scheme and repeal provisions that have become redundant as a result of the transition to the new dispute resolution framework.