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26 February 2019 • By Reporter • 1 min read

CBA group general counsel to step down

The major bank’s group general counsel, who played a critical role in the bank’s AUSTRAC, BBSW, APRA inquiry and royal commission challenges, is to ...

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APRA welcomes IMF report

The prudential regulator has welcomed the IMF’s Financial Sector Assessment Program report. The report concluded that the Australian financial ...

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Spitfire launches no-fee product

In a market first, Spitfire will go to market with a no-tiered administration fee on its new IDPS product. The innovative technology firm that ...

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Independent remediation vital for banks’ future

One of Australia’s largest law firms has called on the big banks to prove they are serious about customer remediation and to establish an independent ...

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IMF sounds alarm on Aussie debt bubble

The International Monetary Fund has recommended that APRA takes a forensic “deep dive” into the credit risk management frameworks of Australian banks

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‘Buy now, pay later’ inquiry calls on ASIC

The Senate inquiry into “buy now, pay later” fintechs has said that regulation has not matched the growth of the sector, calling for ASIC to step up ...

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Pentalpha launches retiree fund

Brisbane-based Pentalpha Investment Management has established a retail class of unit in its Income for Life fund, designed to be a more secure and ...

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Labor promises faster royal commission response

The long awaited official response to the royal commission by Labor has finally been released; in it, the opposition party promises to act faster than ...

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Wealth group director backs best interest duty for mortgages

A property investment professional and director of an integrated wealth group has praised Commissioner Hayne’s recommendation to introduce a best ...

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APRA questioned over role in ousting NAB leaders

APRA chairman Wayne Byres faced a parliamentary committee last week where he was asked what role the regulator played in removing NAB’s chairman and ...

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