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Regulation

regulation

24 May 2019 • By Eugene Ardino • 1 min read

Wealth boss pens open letter to Scott Morrison

EXCLUSIVE Now that he’s secured his leadership, Prime Minister Scott Morrison has a major opportunity to secure the future viability of the financial ...

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Financial sector rife with ‘complacency’ and poor culture: APRA

A report from prudential regulator has found that CBA is not the only institution that suffers from an ill-defined culture and hazy accountability

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Banks to set their own mortgage buffers

The banking regulator has announced that it will give banks greater flexibility to their own serviceability floors in a move that could open the ...

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APRA issues firm warning to IOOF

APRA has issued directions to companies within the major ASX-listed wealth management group for failing to comply with licence conditions

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Financial industry must be inclusive: ASIC

ASIC chair James Shipton called for financial institutions to make the industry more inclusive to all parts of the community, as international ...

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New super regulation to power ‘cultural shift’

ASIC’s new role in monitoring conduct in superannuation funds will drive a ‘cultural shift’, while it drives its other strategies for reform of the ...

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Finance regulators tackle regaining investor trust

ASIC chair James Shipton has called for financial institutions to integrate fairness into their operations, as international financial regulators have ...

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CFA recommends sweeping reforms to wealth sector

The global CFA Institute and its Australian subsidiary have released 10 major recommendations for reform in the wealth management industry and argue ...

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Asset manager accounts show $12.5m shortfall in investor funds

ASIC has obtained declarations against an asset manager after the Queensland Supreme Court found the company’s bank accounts showed $1 million in ...

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Aus ESG regulation ‘lags behind’

The Australian Council of Superannuation Investors has called for APRA to update its investment guidance to change its coverage on ESG integration, ...

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