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08 April 2014 • By Aleks Vickovich • 1 min read

Global law firm slams ASIC regulatory approach

International commercial law firm K&L Gates has described the regulation of financial services in Australia as "excessively complex", singling out ...

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Taxation impedes Johnson Report objectives: Macquarie

Australian tax laws are inhibiting the export of financial services and the nation’s development as an “international financial centre”, according to ...

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Perpetual offloads Guardian Trust

Perpetual has sold financial services company New Zealand Guardian Trust to Complectus for $63.3 million. The move follows Perpetual's acquisition ...

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Red tape curbing growth: QBE

Overlapping, duplicative and inconsistent regulation creates inefficiencies and inequities and adds considerably to the cost of doing business in ...

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FSU lobbies for ‘four pillar’ retention

The Finance Sector Union of Australia believes the Australian Government should continue to retain its ‘four pillar policy’ which currently bans any ...

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AMP Capital makes offshore investor play

AMP Capital has launched an Undertakings for Collective Investment in Transferable Securities (UCITS) platform, enabling an easier distribution of its ...

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Industry ‘ignoring’ FOFA amendments

Financial services firms have been scrambling to wind back their remuneration policies since the FOFA amendments were put on hold on March 24, ...

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Close regulatory ‘gaps’, says Treasury

The Financial System Inquiry must address the “overlaps” or “gaps” between the roles of ASIC and APRA, Treasury has said. In its submission to the ...

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Westpac calls for alternative SME funding

Westpac has called for a range of alternative financing options for small and medium-sized enterprises (SMEs) in its submission to the Financial ...

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Emerging markets shake off political turmoil

Despite the political tensions in Russia, the Ukraine and Turkey, underlying economic data for a number of emerging market countries is improving, ...

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