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03 April 2018 • By Jessica Yun • 1 min read

Government ups penalties for BBSW rigging

Individuals found guilty of manipulating financial benchmarks will now face 10 years in jail and corporations will be on the hook for as much as $10 ...

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Government broadens ASIC's hiring rules

The corporate regulator will have greater scope to hire and incentivise people in the financial services industry as part of new legislation ...

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Establishing blockchain standards ‘critical’

Establishing global standards for distributed ledger technology is ‘critical’ for mitigating risks as well as facilitating communication across ...

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Shipton vows to 'follow the money'

New ASIC chair James Shipton has promised to professionalise the finance industry, shifting the focus away from "numbers on a computer screen" to the ...

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Government bolsters ASIC leadership

The government has announced plans to create a second deputy chair position at ASIC. Minister for Revenue and Financial Services Kelly O’Dwyer ...

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Super funds push for higher ethical standards

Australian Ethical has joined five industry funds to urge asset managers to adopt the CFA Institute's code of conduct. Six Australian super funds ...

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Industry rejects Labor franking credits proposal

Labor leader Bill Shorten has proposed abolishing refundable excess dividend imputation credits in a move that has galvanised the financial services ...

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‘We have not done the right thing’: NAB CEO

The boss of NAB has penned a letter of apology to the community, admitting to the “regrettable” and “unacceptable” conduct of the bank ahead of the ...

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UK regulator says ‘regulation not enough’

Government regulation alone can be insufficient in improving conduct by financial professionals and incentivising them to act in the spirit of the ...

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ASIC welcomes broader competition powers

ASIC has welcomed the Productivity Commission's recommendation that the corporate regulator be granted a "broad, proactive competition mandate"

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