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regulation

21 December 2016 • By • 1 min read

CBA and NAB enter enforceable undertakings

ASIC has accepted enforceable undertakings from both the Commonwealth Bank of Australia (CBA) and NAB regarding the conduct of their wholesale spot ...

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S&P Global Ratings ‘pessimistic’ on budget deficit

The Australian government’s mid-year budget update has done little to restore confidence in the country’s ability to maintain its AAA credit rating, ...

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Australian share strategies post positive returns

Australian share fund managers posted generally positive results for November, according to research house Morningstar, though the median manager’s ...

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BoQ to acquire Centrepoint Alliance subsidiary

The Bank of Queensland has announced a $20 million deal to acquire Centrepoint Alliance’s Premium Funding business. The bank said the acquisition ...

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New distribution head for AMG

Global asset manager Affiliated Managers Group has appointed Hugh Cutler to the role of vice president and head of distribution. Mr Cutler was ...

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New event to focus on adviser scale and profit

Momentum Media has announced the theme and agenda for the ifa Business Strategy Day roadshow in 2017, helping financial advisers scale and grow their ...

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Super calculator deadline extended

ASIC has delayed the commencement of new requirements for superannuation calculators to accommodate for recent reforms to the system. The ...

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Treasury consults on ASIC intervention power

Treasury has released a new proposals paper that outlines new product intervention powers for ASIC and design/distribution obligations for product ...

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Budget deficit worsens, AAA rating vulnerable

Australia's federal budget deficit is projected to increase by $10.4 billion over the forward estimates, according to the government's Mid-Year ...

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WA Super names new chief executive

Industry fund WA Super has named Fabian Ross as the business’ new chief executive, replacing the retiring John McNally. Mr Ross has worked in the ...

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