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regulation

03 November 2017 • By • 1 min read

Government consults on AFCA

The Coalition government has released a consultation paper on the terms of reference, governance and funding arrangements for the new Australian ...

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ASIC bows to pressure on fee disclosure

The corporate regulator has agreed to conduct a review of its new fee disclosure regime in the face of opposition from the industry fund sector

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BT opens up insurance APL beyond Westpac Life

BT Financial Group has pledged to open up its insurance approved product list days after ASIC deputy chair Peter Kell expressed “surprise” that it ...

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Hybrids and OTC products in ASIC’s sights

ASIC has released its corporate plan for 2017-18, announcing new surveillance projects targeting the distribution of hybrid securities and ...

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BEAR is ‘legislation with teeth’, says Morrison

Treasurer Scott Morrison has defended the proposed Banking Executive Accountability Regime (BEAR) in front of an audience of financial services ...

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FASEA outlines pathway for new advisers

Would-be financial advisers have finally been provided with some clarity, with the Financial Adviser Standards and Ethics Authority outlining the ...

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ASIC suspends licence of MJ Wren & Co

Sydney stockbroker MJ Wren & Co has had its financial services licence suspended after ASIC found it failed to comply with its risk-based capital ...

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ASIC updates funds management rules

ASIC has updated its regulatory guidance for fund managers ahead of the new Asia Region Funds Passport initiative and the corporate collective ...

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APRA warns about insurance divestments

With the recent sale of CommInsure to AIA, Australia’s life insurance industry is now majority foreign-owned — a development that could create ...

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ANZ BBSW penalty too low: P2P lender

Peer-to-peer lender RateSetter says ASIC should be commended for its pursuit of the banks over alleged manipulation of the bank bill swap rate, but ...

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