Question: QUESTION 4 The Banking Code of Practice sets out the standards of practice and service in the Australian banking industry for individual and small business

QUESTION 4 The Banking Code of Practice sets out
QUESTION 4 The Banking Code of Practice sets out the standards of practice and service in the Australian banking industry for individual and small business customers. The Code provides safeguards and protections which are not set out in the law. It complements the law and, in some areas, sets higher standards than the law. [5 Marks] A. Drawing from httpswwwausbanking.org.au/banking-code/ the code inciudes an obligation for taking extra care with customers who are experiencing vulnerability. 3. Describe 5 exampies of what "vulnerability" could mean in this context b. What should a broker do ifthev identify a potential customer as "vulnerable"

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