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regulation

23 August 2021 • By Fergus Halliday • 1 min read

Investors ‘taking a risk’ on crypto providers: ASIC

The corporate regulator has warned investors that using overseas crypto operators will not provide the same consumer protections that apply to local ...

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Treasury poses amendments to DDO obligations

Treasury has announced a number of amendments to the design and distribution obligations, ahead of the new regime’s commencement in October

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Royal commission fines top $100m

In the two years since the royal commission’s final report, the corporate regulator has handed out more than $100 million in fines to Australia’s ...

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APRA tightens rules on banking start-ups

The prudential regulator has said challenger banks will need to have successfully launched a number of new products and demonstrated capital stability ...

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Senate rolls over on market disclosure

The government has secured passage of controversial reforms to permanently wind back market disclosure obligations for companies, despite strong ...

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House rejects amendments on JobKeeper transparency

Amendments to a government COVID-19 bill that would have seen major companies forced to reveal the degree to which they have profited from taxpayer ...

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Institutions’ advice compensation bill nears $2bn

The corporate regulator’s latest updates on advice misconduct remediation have revealed that the big four banks, AMP and Macquarie have paid almost $2 ...

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APRA to reign in funds on performance, valuations

The prudential regulator has written to super trustees outlining its areas of focus for compliance under the Your Future, Your Super reforms, with ...

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BT, Asgard cop fee-for-no-service fines

The Federal Court has handed down $3 million in fines to the two Westpac-owned wealth management brands in a case that hinged on their inappropriate ...

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Labor backs down on negative gearing restrictions

The federal opposition has made an about turn on a key policy that potentially cost it the 2019 election. Federal Labor leader Anthony Albanese and ...

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