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Regulation

regulation

20 April 2016 • By • 1 min read

Morrison confirms action on bank surveillance

Federal Treasurer Scott Morrison has this morning confirmed how the government will proceed with reported changes to surveillance of the banking and ...

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Royal commission would spook investors: ABA

The Australian Bankers' Association has quickly moved to hose down Labor's call for a royal commission into the banking sector, claiming it would send ...

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Directors must lead culture debate: AICD

The Australian Institute of Company Directors (AICD) has called on ASIC, APRA and Treasury to meet with company directors to discuss recent examples ...

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APRA boss rejects ‘culture police’ tag

Financial services firms should incentivise prudent behaviour rather than depend on regulators to remove ‘bad apples’ after the fact, says APRA ...

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ASIC takes Westpac to court over BBSW manipulation

ASIC has commenced legal proceedings against Westpac for “unconscionable conduct and market manipulation” in relation to the bank's involvement in ...

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FSC backs mandatory carbon risk disclosure

The Financial Services Council (FSC) has called on the government to introduce mandatory carbon risk disclosure reporting for all ASX-listed companies

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Govt backs competition in equities clearing

Treasurer Scott Morrison yesterday announced a reform package that will see greater competition in the clearing of cash equities as well as more ...

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Stockbroker charged with misusing client funds

ASIC has charged a Perth-based stockbroker with three counts of dishonesty regarding the use of almost $1.6 million in client funds. Following an ...

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ASIC partners with UK regulator on fintech

ASIC and the UK's Financial Conduct Authority (FCA) have signed an agreement to work together to grow fintech businesses.  ASIC said the ...

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Industry can do better on conflicts: ASIC

A new report by ASIC has found that some conflicts of interest in vertically integrated firms “may not have been adequately managed”

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