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RG 272 Product intervention power

Issued 17 June 2020

The product intervention power is one of several regulatory tools available to ÷ÈÓ°Ö±²¥ to improve consumer outcomes. It allows ÷ÈÓ°Ö±²¥ to temporarily intervene in a range of ways, including to ban financial products and credit products when there is a risk of significant consumer detriment.

This guide provides an overview of the product intervention power and explains:

  • the scope of the power
  • when and how ÷ÈÓ°Ö±²¥ may exercise the power to make a product intervention order
  • how a product intervention order is made.

Last updated: 17/06/2020 12:00