Category: CSLR

  • CSLR appoints CEO and a new director

    The Compensation Scheme of Last Resort (CSLR) Transitional Board today announced two key appointments ahead of the scheme’s scheduled commencement in April 2024.

  • Federal Government authorises CSLR scheme operator

    The Federal Government has authorised Compensation Scheme of Last Resort Limited (CSLR Ltd) as operator of the new financial services CSLR, which is expected to start accepting claims in April 2024. The CSLR will provide up to $150,000 in compensation to eligible consumers who have a relevant Australian Financial Complaints Authority (AFCA) determination in their…