Financial Accountability Regime Act 2023
Short title: FAR Act
In forceact
Summary
Extends BEAR-style accountability framework across banking (from 15 Mar 2024), insurance + super trustees (from 15 Mar 2025). Requires registered accountable persons + accountability statements + maps + deferred remuneration arrangements.
Topics
faraccountabilityexecutives
Administered by
Source: https://www.legislation.gov.au/C2023A00067/latest. Rules Mate summarises and links; we don't republish full statutory text. Always verify against the live source before acting.