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regulation

08 November 2016 • By Killian Plastow • 1 min read

Treasury consults on 'user-pays' ASIC model

Treasury has released two consultation papers on its proposal to move ASIC to a 'user-pays' funding model, which is set to commence in the second half ...

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APRA updates RSE governance standards

The prudential regulator has announced a number of changes to two of its standards and practice guides to support better governance practice among ...

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RBA holds November cash rate steady

The Reserve Bank of Australia has elected to keep the cash rate on hold at 1.5 per cent at today’s November board meeting. The RBA’s decision fell ...

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ASIC increases surveillance efforts

The corporate regulator completed 1441 surveillance projects in 2015-2016, leading to 22 criminal convictions and 13 people jailed. ASIC tabled its ...

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'Independence' claims under ASIC scrutiny

ASIC has indicated it will consider prohibiting financial planning firms from calling themselves ‘independently-owned’ unless they meet ...

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Banks must confess ‘sins of the past’: APRA

Australia’s bank bosses have accepted the need to admit past wrongdoings, says APRA – and more scandals are likely to "come to the surface" as a ...

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ASIC to report on ASX service outage

The corporate regulator is reviewing the service outage of the ASX equity market on 19 September 2016, with an upcoming report to determine whether ...

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Life insurance claims data to be made public

Life insurance claims outcomes will soon be subject to public reporting requirements following the release of an ASIC report into claims handling ...

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ASX updates cash equities code of practice

The ASX has updated its cash equities clearing and settlement services following the release of new policy statements from the Council of Financial ...

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No ‘systemic issue’ at NAB: Thorburn

NAB chief executive Andrew Thorburn has denied the existence of a “systemic issue” within the bank’s wealth management division, despite the removal ...

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