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regulation

15 February 2017 • By Tim Stewart • 1 min read

'Rushed' crowdfunding legislation under fire

The government is likely to push through its crowdfunding bill after it received approval from a Senate committee yesterday, but objections to the ...

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CBA advice compensation reaches $23m

The Commonwealth Bank has finalised the 8,600 client assessments that constitute its Open Advice Review program, with total compensation offered to ...

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KPMG to scrutinise NAB super trustee

Nulis Nominees, the trustee for NAB’s superannuation funds, has commissioned KPMG to conduct an independent assurance review following an agreement ...

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ABA backs ‘one-stop-shop’ EDR scheme

The Australian Bankers’ Association (ABA) has supported the proposed replacement of the three existing financial services external dispute resolution ...

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Australian bank oligopoly ‘alive and well’

The big four Australian banks are likely to continue to benefit from the ‘wealth effect’ created by strong asset values, with investor concerns about ...

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Banks falling short on consumer initiatives

The Australian banks have put in a "mixed performance" when it comes to the implementation of new initiatives aimed at better protecting consumer ...

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ASIC issues super disclosure reminder

The corporate regulator has issued a statement to superannuation funds with employer subplans reminding them of changes to their disclosure ...

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Pershing Securities fined over AOP failings

Financial services firm Pershing Securities has paid a $40,000 infringement notice issued by the Markets Disciplinary Panel over failings regarding ...

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Proposed whistleblower reforms announced

The government has released a new paper for public consultation, which looks to implement new protections for whistleblowers. In a statement, ...

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ASX receives green light for new mFund products

The ASX’s mFund settlement service will be permitted to include a broader range of managed investment products following a successful application to ...

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