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Regulation

regulation

31 May 2023 • By Charbel Kadib • 1 min read

‘Lessons and linkages’: APRA chair on bank deposits, AT1 bonds

Prudential regulators need to reassess the treatment of hybrid bonds in the event of a banking collapse, the APRA chair has told the Senate, flagging ...

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BOQ shares drop following regulatory action

The bank has entered into enforceable undertakings with both APRA and AUSTRAC to address “significant gaps” in its risk management framework

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ASIC’s DDO guidance goes ‘well beyond legal requirements’

A senior regulatory counsel at law firm Allens has shared a mixed view of ASIC’s regulatory guide on the design and distribution obligations (DDO)

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What are the global implications of UK’s sticky inflation?

Higher than expected UK inflation may give the RBA reason to remain hawkish. As the central bank prepares to announce its next monetary policy ...

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Former MD of collapsed fund manager sentenced

The former managing director has been convicted of criminal charges. On Wednesday, the Australian Securities and Investments Commission (ASIC) ...

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BNPL stocks drop as government moves to regulate

The government has confirmed its plans to regulate the buy now, pay later sector. Shares in Zip and Afterpay owner Block have fallen after ...

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Former fund manager receives 3-year ban over naked short selling

The former fund manager has been banned from providing financial services. In a statement on Monday, the Australian Securities and Investments ...

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Assistant of unregistered investment scheme operator charged for involvement in alleged fraud

The assistant of an unregistered investment scheme operator has been charged with assisting his alleged fraud. Linda Marissen has appeared at the ...

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Could April’s surprise jobless rate push RBA to pause?

An uptick in the unemployment rate could give the RBA cause to pause in June. Australia’s unemployment rate rose to 3.7 per cent in April, ...

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ASIC issues 8 more interim stop orders due to TMD deficiencies

The regulator has since revoked the orders after its concerns were addressed. On 16 May, the Australian Securities and Investments Commission ...

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