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13 October 2016 • By Tim Stewart • 1 min read

Life insurance claims data to be made public

Life insurance claims outcomes will soon be subject to public reporting requirements following the release of an ASIC report into claims handling ...

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ASX updates cash equities code of practice

The ASX has updated its cash equities clearing and settlement services following the release of new policy statements from the Council of Financial ...

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No ‘systemic issue’ at NAB: Thorburn

NAB chief executive Andrew Thorburn has denied the existence of a “systemic issue” within the bank’s wealth management division, despite the removal ...

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Reporting deadline looming for AFSLs

Australian Financial Services licensees have until 31 October 2016 to lodge their annual financial statements and auditor's reports with ASIC

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ANZ boss defends BBSW traders

ANZ chief executive Shayne Elliott has defended his organisation’s decision to reinstate five bank bill swap rate (BBSW) traders prior to the ...

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'Areas of vulnerability' still remain: APRA

The major threats to Australia's "broadly healthy" financial system are commercial and residential property, bank capital levels, rising insurance ...

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CBA advice review lacked ‘requisite speed’

Ten per cent of the advice reviewed as part of CBA’s Open Advice Review process has been found to be inappropriate, according to CBA. Appearing ...

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Government to criminalise BBSW manipulation

The manipulation of financial benchmarks will be made a specific criminal and civil offence, Treasurer Scott Morrison has announced – and ASIC will be ...

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ASIC releases new MDA rules

ASIC has updated its class order relating to managed discretionary accounts (MDAs), giving existing operators two years to transition to the new ...

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Former Deutsche Bank FX trader banned

ASIC has banned former Deutsche Bank FX options and futures trader Andrew Donaldson from providing financial services. The ban follows an ASIC ...

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