The Australian Competition and Consumer Commission has granted the Recruitment & Consulting Services Association Limited authorisation for five years to make arrangements involving the latest versions of its Code for Professional Conduct and related documents.
Like previously authorised code arrangements, the new code for RCSA members sets out guidelines for professional and ethical best practice in the recruitment services industry. The authorisation permits the RCSA to implement sanctions against members who breach the code.
"The authorised arrangements are expected to provide ongoing effective industry regulation and promote equitable dealings and enhanced business efficiency in the recruitment services industry," ACCC Acting Chair, Dr Michael Schaper, said today.
Authorisation provides immunity from court action for conduct that might otherwise raise concerns under the competition provisions of the Trade Practices Act 1974.
Broadly, the ACCC may grant an authorisation when it is satisfied that the public benefit from the conduct outweighs any public detriment. The ACCC conducts a comprehensive public consultation process and issues a draft determination before making a decision to grant or deny authorisation.
The ACCC's final determination will be available on the ACCC website: www.accc.gov.au.