RG 147
Mutuality: Financial institutions (withdrawn)
This regulatory guide was withdrawn on 15 August 2023.
In plain English
This guide explained how ASIC applied the mutuality concept to financial institutions.
RG 147 provided guidance on mutuality for financial institutions. It was withdrawn on 15 August 2023. It no longer applies. It explained how ASIC considered whether a financial institution was acting in the best interests of its members.
afslaclbankingfinancial-adviceconsumer-protection
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-147-mutuality-financial-institutions-withdrawn/. Rules Mate indexes + summarises; always verify against the regulator's live publication.