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15 February 2019 • By Eliot Hastie • 1 min read

ASIC consults on responsible lending update

ASIC has issued a consultation paper to update its guidance on responsible lending in the wake of the royal commission.  ASIC’s guidance to ...

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Concerns around life insurance policy churners unfounded

Concerns that the best interests duty might lead to an increase in churning of life insurance policies appear “unfounded”, according to an adviser ...

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Treasury Laws Amendment to be introduced

The current Australian Parliament disarray has seen Labor attempt to introduce amendments to the Treasury Laws which will strengthen penalties in the ...

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ASIC unveils new $100,000 logo

The Australian Securities and Investments Commission has unveiled a new logo that cost the commission $100,000, according to reports. ASIC had ...

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Former Deutsche Bank FX trader sentenced

A court has sentenced a former options and futures trader who pleaded guilty to falsifying entries in Deutsche Bank’s internal financial records and ...

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APRA capability review launched

The government has announced the panel that will lead the capability review of the Australian Prudential Regulation Authority as recommended by the ...

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ASIC, UK authorities team up for Brexit

ASIC has cautioned Australian financial service licence holders of the potential impacts of Brexit, with the watchdog to work with the UK Financial ...

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Shareholders’ role missed by royal commission

The part played by shareholders in company culture and misconduct within the major financial institutions was neglected by the royal commission in its ...

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ASIC fines financial institution for misleading promotions

A Sydney financial institution has been penalised after ASIC issued two infringement notices for alleged misleading statements on the company’s ...

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Parliament to continue bank scrutiny

The royal commission may be over but Canberra’s scrutiny of Australia’s four major banks is still underway with another round of hearings planned for ...

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