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11 September 2018 • By James Mitchell • 1 min read

Freedom flogged life insurance to mentally disabled Aussies

The royal commission has heard how the insurance provider sold cover over the phone to a number of vulnerable people including a disabled man with ...

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ClearView’s boiler room tactics exposed by royal commission

The Hayne royal commission has heard how a major life insurer broke the law multiple times over a three-year period in an attempt to hit telephone ...

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Regaining trust 'not the regulator's job': APRA

The prudential regulator's chair has told industry leaders that the responsibility of regaining the public's trust in the financial sector ultimately ...

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SocGen expects to pay $1.9bn in fines

French banking giant Societe Generale expects penalties of $1.9 billion relating to its dispute with US authorities over international sanctions ...

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Westpac to pay $35m over responsible lending breaches

The major bank has admitted breaching its responsible lending obligations when providing home loans and agreed to pay a $35 million civil penalty to ...

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APRA tells Hayne the ‘threat’ of litigation is sufficient

The prudential regulator has defended its powers after the royal commission questioned its preference for working “behind closed doors” and failure to ...

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RBA: Credit quality poses biggest risk to the economy

The central bank has warned that the greatest risk to Australia’s financial stability over the next few years will be the banks’ large exposure to ...

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IPOs must disclose royal commission exposure: ASIC

ASIC has warned companies seeking to raise money through IPOs that they must tell investors how they are likely to be affected by the royal commission

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ASIC role in Dover closure revealed

The corporate regulator put pressure on Dover Financial Advisers managing director Terry McMaster to immediately close his dealer group in June ...

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ASIC calls out Morgan Stanley for ‘false claims’

ASIC has taken Morgan Stanley Wealth Management to task for making misleading claims about its supposed ‘independence’ in breach of the Corporations ...

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