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24 June 2019 • By Adrian Flores • 1 min read

ASIC falls in line with incoming super laws

The corporate regulator has made changes to its fees and cost disclosure requirements to keep it consistent with the government’s Protecting Your ...

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ASIC approves AFCA legacy complaints change

The corporate regulator has approved changes to the Australian Financial Complaints Authority rules that will allow it to handle complaints dating ...

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Achieving full employment is ‘crucial’: RBA

Reserve Bank of Australia assistant governor Luci Ellis is confident Australia can sustain a far lower rate of unemployment than it has in previous ...

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APRA imposes conditions on AMP Super

The prudential regulator has issued directions and additional licence conditions on AMP Super to address a range of concerns regarding its compliance ...

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ANZ caves on ‘fees for no service’ issue

The major bank has complied with the court enforceable undertaking entered into with ASIC in March 2018 regarding fees for no service. ANZ entered ...

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ADI capital benchmarks to have little impact on borrowers

The head of the prudential regulator does not expect APRA’s “unquestionably strong” capital benchmarks to have much of an impact on borrowers

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ASIC in hot water with Law Council

The Law Council of Australia has slammed ASIC deputy chair Daniel Crennan for certain comments he has made around contesting penalties, saying they ...

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Former CBA managers charged with fraud

Two former major bank managers have been charged with fraud after allegedly misappropriating nearly half a million dollars from the bank’s internal ...

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AUSTRAC to level up enforcement

AUSTRAC has said it will be upping the ante and using more of its enforcement powers in the financial services sector, with Afterpay appearing to be ...

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Royal Commission continues to sting with million dollar levy

The tail end of the Hayne Royal Commission continues to hit the finance industry with institutions set to pay 10 per cent more in order to fund the ...

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