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29 March 2023 • By Jon Bragg • 1 min read

Vanguard under fire from NZ regulator following ASIC greenwashing action

ASIC issued three infringement notices to the investment manager late last year. New Zealand’s Financial Markets Authority (FMA) has issued ...

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Intervention ‘put a halt’ to crisis, declares Swiss central bank

Regulatory lifelines offered to Credit Suisse have put an end to the local banking crisis, according to the nation’s central bank.  The Swiss ...

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Treasurer signals an end to ASX’s clearing and settlement monopoly

Under draft legislation released by the government, the RBA, ASIC, and the ACCC will be given new powers to support competition in clearing and ...

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IMF calls for greater transparency among central banks

Growing distrust in the world’s independent central banks amid “turbulence” across the global financial system should be addressed with increased ...

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RBA adds fuel to pause rhetoric

RBA members agreed on 7 March to consider a pause at next month’s meeting. Members of the board of the Reserve Bank of Australia (RBA) were already ...

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Markets stunned by $25bn bond ‘wipeout’

Europe’s regulators have moved to restore confidence in the bond market after Swiss regulators wrote off capital notes issued by Credit Suisse in a ...

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Productivity Commission calls for ‘systemic transition’ of tax system

Reforming the tax system, abolishing investment visas, and facilitating climate change adaptation decisions are among a raft of new recommendations ...

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Credit Suisse audit exposes ‘material weakness’ in internal controls

The global investment bank’s internal controls over financial reporting has been found to be ineffective in detecting and assessing the risk of ...

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Economists divided on RBA’s next move as SVB collapse looms large

Although some anticipate that the aftermath of the Silicon Valley Bank’s collapse may prompt the RBA to suspend rate increases in April, others remain ...

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Think tank claps back at govt climate disclosures, pushes for ‘economy-wide’ transparency

Government firms, such as the Future Fund, should disclose climate risks alongside their public counterparts, an independent policy institute has said

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