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Regulation

regulation

11 October 2018 • By James Mitchell • 1 min read

Major bank CEOs face the music over misconduct

The chief executives of Australia’s four major banks will be grilled by a parliamentary inquiry over the coming days where they will be scrutinised ...

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Draft bill to amend Corporations Act released

A draft bill to lower barriers to capital raising by mutual banks, credit unions and building societies has been released for consultation by the ...

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QMV advises industry to review all regulatory changes

QMV has released their regulatory update for 2018 and strongly recommends that superannuation trustees review all upcoming legislation

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Hayne report lacks ‘understanding of financial advice’: AFA

The Association of Financial Advisers has argued that the Hayne commission interim report “does not suggest a good understanding of financial advice”

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Retail payment regulations under review

The Council of Financial Regulators has released an issues paper into their review of retail payments regulation. The paper is part of the CFR ...

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New taxes for investors

The Coalition government has introduced two bills to Parliament to ensure investors pay their fair share of tax. The introduction of the Treasury ...

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ASIC takes action against misleading ICOs

ASIC has taken action to stop several proposed initial coin offerings or token-generation events targeting retail investors. Problems identified by ...

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Inquiry launched into implications of refundable franking credits

The House of Representatives standing committee on economics has announced an inquiry into the implications of removing refundable franking credits

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CBA ignored ASIC to deny claims payout

CBA’s life insurance business CommInsure has admitted to not following recommendations from the corporate regulator to update its medical definition ...

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ASIC approves AFCA rules

The Australian Securities and Investments Commission has approved the Australian Financial Complaints Authority complaint resolution scheme rules and ...

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