The Financial Services Council (FSC) is an industry association that represents over 100 member companies in Australia's financial services sector. Established in 1998, the council is headquartered in Sydney, New South Wales, Australia. It functions as a peak body responsible for setting mandatory industry standards and shaping policy on behalf of its members.
The FSC works toward building a fair and financially secure future for Australians by encouraging integrity, ethical conduct, social responsibility, and improved financial literacy throughout the financial services industry. The organization is commonly known as the Financial Services Council Australia and is also referred to as the FSC.
Key Features
Offers members updates on regulations, legislation, and best practices through publications such as the FSC Policy Update.
Establishes mandatory standards and policies for over 100 member companies in financial services.
Engages in advocacy related to the social, economic, and regulatory framework affecting its members.
Actively promotes and measures diversity in the financial services business.
Encourages open, transparent, and collaborative industry processes.
