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regulation

07 May 2015 • By • 1 min read

Advice compensation hits CBA earnings

Growing expenses associated with advice remediation, regulation and compliance have contributed to an underwhelming quarterly update for the ...

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ASIC drawing up guidance on client remediation

Financial services licensees that provide financial advice will soon have concrete guidance on client review and remediation. A statement by ASIC ...

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ASX expands clearing services

The Australian Securities Exchange has launched the ASX Equity FlexClear, a service that allows institutional investors to centrally clear ...

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Govt sets up financial crime taskforce

The federal government has announced the establishment of a new taskforce to fight serious and organised financial crime. In a statement issued by ...

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ASIC talks up innovation hub

ASIC commissioner Greg Tanzer has revealed further details about the regulator's recently announced innovation hub. Speaking at Norton Rose ...

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Govt under fire over SIV suspension

The government's decision to quietly suspend the significant investor visa (SIV) program until July 2015 has attracted the ire of one Australian fund ...

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ASIC repeals market integrity rules

ASIC has repealed a select number of obligations under the regulator's market integrity rules. Four regulatory guidelines have been repealed to ...

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WealthSure enters new EUs with ASIC

ASIC has accepted new enforceable undertakings from WealthSure and a related entity following a corporate restructure and acquisition by a fellow WA ...

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AMP overhauls insurance remuneration

AMP has moved to a hybrid commission model for life insurance products, in a move its chief executive hopes will help “restore consumer confidence” in ...

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'Devil in the detail' on MIT tax reform

Treasury's proposed changes to the taxation of managed investment trusts must take into account "transitional arrangements, financial costs and ...

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