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Regulation

regulation

13 March 2015 • By Tim Stewart • 1 min read

APRA boss issues warning on competition

Competition and stability are not "mutually exclusive", argues APRA chair Wayne Byres, although too much competition can be destructive

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Govt moves to finalise Investment Manager Regime

Treasury has released draft legislation that will implement the third and final element of the Investment Manager Regime (IMR) reforms. The ...

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ASIC needs a ‘big stick’: Kell

The corporate regulator cannot meet the high expectations of recent inquiries without the addition of product intervention powers to its ‘regulatory ...

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NAB executive defends leaked report

NAB Wealth group executive Andrew Hagger has told a senate committee that a damning internal review of the bank’s advice practices is in fact a ...

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APRA takes group insurance sector to task

The prudential regulator has raised concerns over a number of poor practices it has observed within the group insurance market. In a speech to the ...

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'Unethical culture' threatening industry

The CFA Institute has identified poor ethical frameworks within financial services firms as a key obstacle to restoring consumer confidence

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Govt consults on Asia Funds Passport rules

The government has released a consultation paper on the rules and operational arrangements of the Asia Region Funds Passport. Australia has worked ...

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ASIC raises LIC disclosure concerns

A new ASIC report has found that the increase in the number of initial public offerings of listed investment companies have raised specific disclosure ...

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Regulators urged to promote financial services

The Centre for International Finance and Regulation (CIFR) has called upon regulators to focus on building up consumer demand for digital financial ...

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Ten licensees take 'corrective action'

Ten financial planning licensees including some owned by Westpac, CBA and NAB have taken ‘corrective action’ on their structured product advice off ...

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