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04 July 2019 • By Eliot Hastie • 1 min read

Relief proposed for foreign fund providers

ASIC has released a consultation paper that proposes to provide licensing relief for foreign financial services providers of funds management services ...

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ASIC, APRA release life insurance claims data

The prudential regulator has published its second set of life insurance claims and disputes statistics as part of a joint project with the corporate ...

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New corporate whistleblower protections commence

Changes to the Corporations Act that give stronger rights and protections to whistleblowers who report misconduct to their companies and ASIC have now ...

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Financial institutions told to heighten accountability

APRA has told financial institutions that they must heighten and clarify the end-to-end accountability for their products to improve customer outcomes

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New Banking Code of Practice comes into effect

The new Banking Code of Practice for members of the Australian Banking Association comes into effect today after regulator approval last week

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ASIC wealth management enforcement surges

ASIC chair James Shipton has reported a 166 per cent increase in wealth management enforcement investigations from February last year to this past ...

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CBA’s enforceable undertaking accepted by commissioner

The Australian Information Commissioner has accepted an enforceable undertaking offered by CBA after a data breach in 2016 and 2018.  The ...

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Investment regulation levy predicted to rise 32%

ASIC has released its indicative industry levies for the 2018-19 financial year, baring that the investment management and superannuation sector could ...

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Aus funds to account for modern slavery

With the first round of reporting to kick off under the Modern Slavery Act next week, a fund manager has said Australian institutional investors will ...

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APRA preparing for super stakeholder regulation

APRA is gearing up for its new gatekeeping powers for approving changes to controlling stakes of superannuation licensees, having released a draft ...

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