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Regulation

regulation

08 September 2017 • By • 1 min read

CBA inquiry panel members revealed

APRA has released the terms of reference for its inquiry into the Commonwealth Bank, along with the panel members selected to oversee the process

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Government to beef up ASIC’s banning powers

ASIC could soon have the ability to prevent individuals from performing any function within financial services – including management roles

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New fee disclosure rules a ‘marketing challenge’

ASIC’s new fee disclosure rules won’t directly increase underlying costs for members, but the “appearance of a large hike in fees” will present ...

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ASIC looks to clean up NSX listings

The National Stock Exchange has agreed to make a number of changes to its listing standards following the conclusion of an ASIC review. The ...

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APRA announces inquiry into CBA

APRA has announced its intention to establish an independent prudential inquiry into CBA’s “governance, culture and accountability frameworks”

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Government consults on Funds Passport bills

Treasury has released for public feedback legislation that will enable the Asia Region Funds Passport and the Corporate Collective Investment Vehicle ...

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Credit ombudsman boycotts EDR transition panel

The Credit and Investments Ombudsman has turned down an offer to join the expert panel advising on the transition to a single EDR scheme, describing ...

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Banks wary about new APRA powers

Three of the four major banks have taken issue with Treasury proposals that would give APRA the power to adjust remuneration and remove executives ...

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APRA proposes restricted ADI regime

APRA has proposed a restricted ADI regime that could see fintech start-ups providing transaction banking services much sooner. An APRA discussion ...

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United approach needed on cyber security: Deloitte

The failure of Asia-Pacific financial regulators to develop a unified approach to cybersecurity has left the "weak links in the chain" vulnerable to ...

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