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Question One (20 marks) The Australian Securities and Investments Commission (ASIC) is presently undertaking a comprehensive process of consultation and revision of all the codes

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Question One (20 marks) The Australian Securities and Investments Commission (ASIC) is presently undertaking a comprehensive process of consultation and revision of all the codes of practice relating to the Insurance industry. ASIC has called for comments and proposals to aid in their review. Provide a brief response, outlining what changes you would make (if any) and explain why

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