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Regulation

regulation

29 August 2022 • By Neil Griffiths • 1 min read

Federal Court penalises MobiSuper and ZIB Financial for breaches

The court has handed down its ruling. MobiSuper and its financial services licensee, ZIB Financial, have been ordered to pay combined penalties of ...

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FRAA says ASIC 'generally effective' but highlights need for 'cultural shift'

The watchdog tasked with overseeing the corporate regulator has delivered its first report. The Financial Regulator Assessment Authority (FRAA) on ...

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RBA tells investment managers ‘act now’ on climate change

The RBA has called on financial market participants to act now to manage the financial risk that climate change poses. The Reserve Bank of ...

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ASIC outlines top priorities for 2022-26

The corporate regulator has laid out four key priorities. ASIC has released its corporate plan for 2022-26, outlining "four external strategic ...

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RBA to up engagement with economists ahead of review

The RBA is looking to engage with other economists in a “more structured way” through a series of upcoming panels. The Reserve Bank (RBA) is ...

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Further rate hikes to keep economy on 'even keel', RBA says

The RBA reiterated it is not on a pre-set path, but confirmed it expects to take “further steps” in the process of normalising monetary conditions

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FSC says Climate Change Bill 'just the beginning'

The FSC has called for a mandatory climate risk reporting regime to enable funds to properly price climate risk and efficiently allocate capital ...

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‘Robust and appropriate’ regulation needed following influx of crypto investors

Crypto is now the second most popular investment product in Australia. Recent research released by ASIC detailing the rising popularity of crypto ...

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ASIC raises concerns about number of crypto investors

The regulator has released a new report about investor behaviour. ASIC is concerned that Australian investors may not understand the risks of ...

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Companies encouraged to review ASIC’s greenwashing guidance

While the guidance is targeted at superannuation and investment funds, ASIC said it can also help companies to avoid greenwashing or overstating green ...

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