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Regulation

regulation

08 June 2023 • By Reporter • 1 min read

FSC updates target market determination template for managed funds

The body is promoting best practice on design and distribution obligations. The Financial Services Council (FSC) has released an updated target ...

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Regulators have ‘no choice’ but to ‘harness’ AI

Australia’s financial system regulators have flagged the security risks posed by rapidly evolving artificial intelligence technologies but revealed ...

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ASIC chair slams ‘greenhushing’

The chair of the corporate regulator has urged firms to boldly disclose climate-related activities without fear of stakeholder backlash, claiming ...

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RBA’s powers to expand under government’s plan to modernise payments system

The RBA is set to see an expansion of its supervisory powers. The government has announced a wide-ranging modernisation of the country’s payments ...

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CBA hit with record fine for breaching spam law

CBA has been fined $3.55 million for breaching spam law. Commonwealth Bank of Australia’s (CBA) share price dipped slightly on Wednesday morning ...

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Mr Treasurer, ‘bombshell’ wage increase is the culprit for RBA rate hike

Op-Ed Economists don’t agree with Chalmers that the RBA’s shock decision on Tuesday had nothing to do with the minimum wage increase

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Binance charged for ‘deceptive’ trading activity

The crypto trading platform has denied engaging in an “extensive web of deception” after being hit with a swathe of charges by the US corporate ...

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Longo stresses ESG is not a ‘trend’, nor is it about ‘burdening’ companies

According to ASIC’s Joe Longo, change is coming — and it won’t look kindly on those who aren’t prepared. Speaking at the Australian Financial ...

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Is a hike almost certain? ANZ ups terminal rate, AMP tips 25 bp increase

Although the RBA’s decision to raise the cash rate in early May caught the market off guard, the likelihood of a rate hike on 6 June appears to be ...

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Fair Work lifts minimum wage as inflation battle persists

Australia’s minimum award rates are set to increase over the coming financial year amid ongoing cost-of-living pressures and expectations of further ...

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