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Compliance is imperative in the financial services industry.Adhering to Acts/Legislations, Regulations, Codes of Practice and Standards is mandatory.One of the regulators is the Australian Competition

Compliance is imperative in the financial services industry.Adhering to Acts/Legislations, Regulations, Codes of Practice and Standards is mandatory.One of the regulators is the Australian Competition & Consumer Commission (ACCC).Explain what this agency is responsible for and provide an example of how they would protect consumers.

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