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24 November 2022 • By Jessica Penny • 1 min read

ING to uplift compliance with enforceable undertaking

AUSTRAC has accepted an Enforceable Undertaking from two entities in the ING Bank Australia group. ING has committed to improving its compliance ...

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ASIC streamlines naming conventions for ETPs

The regulator has updated its guidance for the labelling of exchange-traded products. ASIC has released updated guidance on the naming conventions ...

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Why RBA’s ‘Australian exceptionalism’ theory may cause more harm than good

The RBA is expected to persist with its “Australian exceptionalism” narrative despite scant evidence.  Earlier this week, the Federal Reserve ...

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ASIC sues fintech for offering crypto-asset based products

The fintech is alleged to have offered financial products without appropriate registration or an Australian Financial Services Licence. ASIC has ...

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Women underrepresented in asset management roles

Women on average make up 27 per cent of investment teams, new research has shown. All 20 of the Financial Services Council’s (FSC) global and ...

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Government begins consulting on BNPL regulation

Three options have been put forward for regulating the sector. The Albanese government is seeking feedback on three potential options for ...

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APRA proposes ‘enhanced’ risk management obligations for super funds

The prudential regulator has proposed new reforms aimed at protecting superannuation fund members from “poor operational risk event outcomes”

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APRA seeks to combat ‘costly and failed’ successor fund transfers

As consolidation continues in the super industry, the prudential regulator has noted that transfers often run into problems that erode the benefits ...

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RBA upgrades core inflation forecast, explains recent errors

The RBA has upgraded its core inflation forecast to peak at 6.5 per cent in December. Trimmed mean inflation is forecast to move to 6.5 per cent ...

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ASX takes steps to improve market resilience

The market operator is seeking stakeholder feedback on four proposals. The ASX has put four potential future enhancements up for industry ...

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