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regulation

17 May 2017 • By • 1 min read

Federal Court disqualifies Avestra AM directors

The two former directors of Avestra Asset Management have been disqualified from managing corporations and restrained from providing financial ...

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Banks seek to delay levy implementation

The Australian Bankers’ Association (ABA) has called for the “usual consultation and policy processes” prior to the implementation of the bank levy ...

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Release bank levy modelling, demands ABA

The Australian Bankers’ Association has called on Treasurer Scott Morrison to release more information on the new $6.2 billion bank levy, including ...

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APRA announces organisational restructure

APRA has created four new senior leadership roles as part of a restructure designed to allow it to respond to changes in the financial sector

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New dispute resolution body outlined

The government has announced the creation of a new external dispute resolution body designed to give Australians a “simpler, more accessible” way to ...

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Provident Capital director loses banning appeal

The Administrative Appeals Tribunal has affirmed ASIC’s banning of former Provident Capital MD Michael O’Sullivan from managing corporations

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ASIC freezes assets of Courtenay House

The corporate regulator has secured court orders to freeze the assets of Courtenay House Capital Trading Group and placed a travel ban on its director ...

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Whistleblowers being left in the cold: report

Nearly a quarter of organisations have no support strategy in place for staff who blow the whistle on wrongdoing, according to an ASIC-backed industry ...

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ASIC signs fintech agreement with Indonesia

The Australian corporate regulator has signed a co-operation agreement with Indonesia’s financial services authority, Otoritas Jasa Keuangan (OJK), to ...

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Product-based payments should stay: Sedgwick

The final report of Stephen Sedgwick’s review of retail banking remuneration has failed to find grounds for an “outright ban on all product-based ...

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