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regulation

26 June 2018 • By • 1 min read

ASIC places licence conditions on Aurora Funds Management

ASIC has imposed licence conditions on Aurora Funds Management over fraud concerns. In a statement, the corporate regulator said it had "acted to ...

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NAB appoints replacement ‘customer advocate’

A former ASIC and CIO panellist has been appointed to lead reform of NAB’s advice remediation program and dispute resolution processes, following the ...

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CBA shares slide as demerger announced

Commonwealth Bank shares were down sharply yesterday following the bank's decision to demerge its wealth management and mortgage broking divisions

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ACSI takes sustainability ‘laggards’ to task

The overall reporting of sustainability practices has improved on the ASX200, but some Australian companies are falling behind, says the Australian ...

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ASIC accepts EU from CFD provider

ASIC has accepted an enforceable undertaking from CFD provider Vantage Global Prime after an investigation uncovered misuse of confidential client ...

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SSGA appoints head of capital markets

State Street Global Advisors (SSGA) has announced the appointment of a new managing director and head of capital markets for the Asia-Pacific, and ...

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ANZ offloads PNG retail bank for $10m

ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian ...

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Comyn restructures CBA leadership team

CBA chief risk officer David Cohen has been promoted to the new role of deputy chief executive to lead the demerger of CFS Group, among a raft of ...

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CBA to demerge wealth and mortgage broking

The Commonwealth Bank has announced it will demerge its wealth management and mortgage broking businesses, creating a new entity named CFS Group

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Embedded ASIC agents risk ‘capture’: Shipton

ASIC chairman James Shipton is asking the government for additional funds to embed his staff within the major banks, but he is wary of the risk of ...

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