Powered by MOMENTUM MEDIA
lawyers weekly logo

News

regulation

28 November 2022 • By James Mitchell • 1 min read

RBA ‘sorry’ if Aussies acted on interest rate guidance

Reserve Bank governor Phillip Lowe has apologised to Australians who may have acted on the central bank’s forward guidance that rates would remain ...

READ MORE
icon

ING to uplift compliance with enforceable undertaking

AUSTRAC has accepted an Enforceable Undertaking from two entities in the ING Bank Australia group. ING has committed to improving its compliance ...

READ MORE
icon

ASIC streamlines naming conventions for ETPs

The regulator has updated its guidance for the labelling of exchange-traded products. ASIC has released updated guidance on the naming conventions ...

READ MORE
icon

Why RBA’s ‘Australian exceptionalism’ theory may cause more harm than good

The RBA is expected to persist with its “Australian exceptionalism” narrative despite scant evidence.  Earlier this week, the Federal Reserve ...

READ MORE
icon

ASIC sues fintech for offering crypto-asset based products

The fintech is alleged to have offered financial products without appropriate registration or an Australian Financial Services Licence. ASIC has ...

READ MORE
icon

Women underrepresented in asset management roles

Women on average make up 27 per cent of investment teams, new research has shown. All 20 of the Financial Services Council’s (FSC) global and ...

READ MORE
icon

Government begins consulting on BNPL regulation

Three options have been put forward for regulating the sector. The Albanese government is seeking feedback on three potential options for ...

READ MORE
icon

APRA proposes ‘enhanced’ risk management obligations for super funds

The prudential regulator has proposed new reforms aimed at protecting superannuation fund members from “poor operational risk event outcomes”

READ MORE
icon

APRA seeks to combat ‘costly and failed’ successor fund transfers

As consolidation continues in the super industry, the prudential regulator has noted that transfers often run into problems that erode the benefits ...

READ MORE
icon

RBA upgrades core inflation forecast, explains recent errors

The RBA has upgraded its core inflation forecast to peak at 6.5 per cent in December. Trimmed mean inflation is forecast to move to 6.5 per cent ...

READ MORE