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25 February 2022 • By Maja Garaca Djurdjevic • 1 min read

West hits Russia with unprecedented sanctions, biggest banks targeted

The Australian government has implemented a raft of sanctions on Russia, joining the UK and the US in an attempt to cripple Russia’s financial ...

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Evergrande hit with allegations of criminal conduct

An international bondholder has filed an allegation of criminal conduct against China Evergrande Group. Liechtenstein-based Financial Market ...

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RBNZ lifts rates for third consecutive month

New Zealand’s central bank raised rates for the third meeting in a row on Wednesday. New Zealand’s Reserve Bank (RBNZ) raised the official cash ...

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APRA proposes to significantly increase super data transparency

The prudential regulator is planning to publish data on all super products and investment options for the first time. A wide range of additional ...

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AUSTRAC orders anti-money laundering audit of Bell Financial Group

The financial crime regulator said it had identified compliance concerns within the firm. AUSTRAC has ordered an external audit of three entities ...

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Federal Court imposes $20m penalty on Aware FS

The company has been ordered to pay the penalty by the Federal Court. On Thursday (17 February) ASIC confirmed that Aware, then StatePlu, has been ...

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‘Governments must make tough policy decisions in 2022’

A think tank says governments will need to make tough policy decision in 2022 to drive economic momentum. Committee for Economic Development of ...

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CSLR model won’t protect investors, FPA says

The FPA is concerned the government’s proposed CSLR model won’t provide adequate protection for Australian investors and financial planners

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RBA to lag the Fed, but a rate hike in Q3 is ‘likely’

The RBA is likely to begin hiking the cash rate in the third quarter, an expert has predicted.  The HSBC expects the Reserve Bank of Australia to ...

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ESG and crypto amongst top priorities for ASIC in 2022

The corporate regulator chair has outlined its biggest areas of focus this year. Addressing the parliamentary joint committee on Friday (11 ...

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