Notification of Systemic Misconduct by AFCA to APRA
Phillip Sweeney made this Freedom of Information request to Australian Prudential Regulation Authority
This request has been closed to new correspondence from the public body. Contact us if you think it ought be re-opened.
Dear Australian Prudential Regulation Authority,
I am resubmitting a 24 April 2021 FOI Request that failed to be delivered.
The Treasury is conducting a Review of the Australian Financial Complaints Authority and the terms of reference include "1.2 Are AFCA's processes for the identification and appropriate response to systemic issues arising from complaints effective"?
Evidence has been provided to David Locke of a systemic issue that relates to a majority of National Australia Bank's Australian Staff who were unlawfully transferred from a top-10 performing "not-for-profit" staff superannuation fund into the poor performing"for-profit" MLC Super Fund.
This transfer was in contravention of the governing rules of the fund and in contravention of superannuation laws.
David Locke has a duty to report this systemic misconduct to APRA (as well as ASIC).
The document (or documents I seek) are copies of any correspondence from David Locke (or AFCA) to APRA that would confirm that David Locke has complied with his duty to report systemic misconduct to APRA.
The search period is from 26 March 2021
Yours faithfully,
Phillip Sweeney
Dear Mr Sweeney,
I acknowledge receipt of your FOI request dated 2 June 2021. We are processing your request and will respond soon.
Regards,
FOI OFFICER
T 02 9210 3000 | E [APRA request email]
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
1 Martin Place (Level 12), Sydney, NSW 2000 GPO Box 9836, Sydney, NSW 2001 T 02 9210 3000 | W www.apra.gov.au
-----Original Message-----
From: Phillip Sweeney <[FOI #7369 email]>
Sent: Wednesday, 2 June 2021 1:04 PM
To: Freedom of Information <[email address]>
Subject: Freedom of Information request - Notification of Systemic Misconduct by AFCA to APRA
EXTERNAL EMAIL: Do not click any links or open any attachments unless you trust the sender and know the content is safe.
Dear Australian Prudential Regulation Authority,
I am resubmitting a 24 April 2021 FOI Request that failed to be delivered.
The Treasury is conducting a Review of the Australian Financial Complaints Authority and the terms of reference include "1.2 Are AFCA's processes for the identification and appropriate response to systemic issues arising from complaints effective"?
Evidence has been provided to David Locke of a systemic issue that relates to a majority of National Australia Bank's Australian Staff who were unlawfully transferred from a top-10 performing "not-for-profit" staff superannuation fund into the poor performing"for-profit" MLC Super Fund.
This transfer was in contravention of the governing rules of the fund and in contravention of superannuation laws.
David Locke has a duty to report this systemic misconduct to APRA (as well as ASIC).
The document (or documents I seek) are copies of any correspondence from David Locke (or AFCA) to APRA that would confirm that David Locke has complied with his duty to report systemic misconduct to APRA.
The search period is from 26 March 2021
Yours faithfully,
Phillip Sweeney
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[FOI #7369 email]
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Dear Mr Sweeney,
Please find attached APRA's Notice of Decision dated 29 June 2021.
Regards,
FOI OFFICER
T 02 9210 3000 | E [APRA request email]
AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY
1 Martin Place (Level 12), Sydney, NSW 2000 GPO Box 9836, Sydney, NSW 2001 T 02 9210 3000 | W www.apra.gov.au
-----Original Message-----
From: Phillip Sweeney <[FOI #7369 email]>
Sent: Wednesday, 2 June 2021 1:04 PM
To: Freedom of Information <[email address]>
Subject: Freedom of Information request - Notification of Systemic Misconduct by AFCA to APRA
EXTERNAL EMAIL: Do not click any links or open any attachments unless you trust the sender and know the content is safe.
Dear Australian Prudential Regulation Authority,
I am resubmitting a 24 April 2021 FOI Request that failed to be delivered.
The Treasury is conducting a Review of the Australian Financial Complaints Authority and the terms of reference include "1.2 Are AFCA's processes for the identification and appropriate response to systemic issues arising from complaints effective"?
Evidence has been provided to David Locke of a systemic issue that relates to a majority of National Australia Bank's Australian Staff who were unlawfully transferred from a top-10 performing "not-for-profit" staff superannuation fund into the poor performing"for-profit" MLC Super Fund.
This transfer was in contravention of the governing rules of the fund and in contravention of superannuation laws.
David Locke has a duty to report this systemic misconduct to APRA (as well as ASIC).
The document (or documents I seek) are copies of any correspondence from David Locke (or AFCA) to APRA that would confirm that David Locke has complied with his duty to report systemic misconduct to APRA.
The search period is from 26 March 2021
Yours faithfully,
Phillip Sweeney
-------------------------------------------------------------------
Please use this email address for all replies to this request:
[FOI #7369 email]
Is [APRA request email] the wrong address for Freedom of Information requests to Australian Prudential Regulation Authority? If so, please contact us using this form:
https://www.righttoknow.org.au/change_re...
This request has been made by an individual using Right to Know. This message and any reply that you make will be published on the internet. More information on how Right to Know works can be found at:
https://www.righttoknow.org.au/help/offi...
Please note that in some cases publication of requests and responses will be delayed.
If you find this service useful as an FOI officer, please ask your web manager to link to us from your organisation's FOI page.
-------------------------------------------------------------------
________________________________
________________________________
IMPORTANT NOTICE:
This e-mail is intended solely for the person or organisation to whom it is addressed, and may contain secret, confidential or legally privileged information.
If you have received this e-mail in error or are aware that you are not authorised to have it, you MUST NOT use or copy it, or disclose its contents to any person. If you do any of these things, you may be sued or prosecuted.
If you have received this e-mail in error, please contact the sender immediately.
________________________________
________________________________