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Regulation

regulation

12 July 2023 • By Jon Bragg • 1 min read

ASIC flags further enforcement action against greenwashing

The regulator has pledged to continue its targeted surveillance activity and progress its current investigations surrounding the issue of greenwashing

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Major bank CEOs to face parliamentary grilling

The chiefs of Australia’s big four banks are set to appear before the House standing committee on economics to discuss a range of key issues, ...

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Openmarkets pays record $4.5m penalty

Online stockbroker Openmarkets has paid a record $4.5 million penalty. In a statement on Thursday, the Australian Securities and Investments ...

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APRA probe exposes cyber security failings

The prudential regulator has identified six common shortfalls in the cyber security practices of financial services institutions following its first ...

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APRA issues fine to ASX-listed ADI

A second-tier lender has been fined for failing to meet its data reporting obligations. The Australian Prudential Regulation Authority (APRA) has ...

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ASIC bans Sydney-based director, exposes link to banned adviser

The corporate regulator has permanently banned a Sydney-based director from providing any financial services, performing any function involved in the ...

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No further actions against Bell Financial Group, says AUSTRAC

AUSTRAC has decided not to undertake further regulatory action against Bell Financial Group. In February last year, the Australian Transaction ...

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Treasurer dismisses recession fears, predicts continued growth

Mr Chalmers doesn’t believe that Australia is on the verge of a recession. While top economists have tipped that there’s now a 50-50 chance of a ...

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Second consultation opens on climate-related financial disclosures

The government has opened a second consultation on climate-related financial disclosures. Following a previous consultation between December 2022 ...

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RBA tipped to cut rates considerably in 2024 as economy slumps

An economist expects the RBA to cut rates several times in 2024 in response to a sharp slowdown in growth. AMP’s Shane Oliver has predicted that a ...

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