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Regulation

regulation

01 March 2019 • By Sarah Simpkins • 1 min read

ACCC jumps on enforcement bandwagon

The ACCC has established a Financial Services Competition Branch, which it says will provide support for the Commonwealth Director of Public ...

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APRA announces 2019 policy focus

APRA has released its annual policy priorities document which outlines the areas of policy focus for the next twelve to eighteen months

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Banking Code revamped post-royal commission

The Australian Banking Association has given the Banking Code of Practice a shake up in response to the final report of the royal commission

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New ASX principles demand better corporate culture

The fourth edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations has been released. The new ...

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APRA welcomes IMF report

The prudential regulator has welcomed the IMF’s Financial Sector Assessment Program report. The report concluded that the Australian financial ...

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Independent remediation vital for banks’ future

One of Australia’s largest law firms has called on the big banks to prove they are serious about customer remediation and to establish an independent ...

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IMF sounds alarm on Aussie debt bubble

The International Monetary Fund has recommended that APRA takes a forensic “deep dive” into the credit risk management frameworks of Australian banks

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‘Buy now, pay later’ inquiry calls on ASIC

The Senate inquiry into “buy now, pay later” fintechs has said that regulation has not matched the growth of the sector, calling for ASIC to step up ...

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Labor promises faster royal commission response

The long awaited official response to the royal commission by Labor has finally been released; in it, the opposition party promises to act faster than ...

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Wealth group director backs best interest duty for mortgages

A property investment professional and director of an integrated wealth group has praised Commissioner Hayne’s recommendation to introduce a best ...

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