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regulation

24 October 2017 • By Tim Stewart • 1 min read

ANZ and ASIC to settle BBSW case

ANZ has reached an in-principle agreement with ASIC to settle court action relating to alleged manipulation of the Australian bank bill swap rate

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CBA leadership accused of duty breaches

A federal senator has questioned the integrity of the Commonwealth Bank’s chair, CEO and board of directors, accusing them of “manifest failure” to ...

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Regulation unfairly impacts smaller banks: MyState

Australia must reform regulations that have a “disproportionate impact” on smaller banks and limit competition, says Tasmania-based banking and wealth ...

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Government introduces BEAR legislation

The federal Treasurer has formally tabled legislation introducing new rules and accountability measures for executives in the banking and financial ...

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Shipton comments negate reform case: ISA

Industry Super Australia has said that commentary from incoming ASIC chair James Shipton is evidence that the government’s proposed superannuation ...

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New ASIC boss prioritises ‘cultural reform’

Incoming ASIC chair James Shipton has declared himself a “great advocate” of cultural reform as he prepares to take over from Greg Medcraft in ...

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New ASIC chair appointed

The government has appointed Harvard Law School executive director James Shipton as the new chair of ASIC, replacing outgoing chair Greg Medcraft

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RBA to begin ‘top-down’ stress testing

The Reserve Bank of Australia has announced it will conduct a series of “top-down” stress tests on Australia’s banking system. In its latest ...

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Sentinel Private Wealth enters EU

ASIC has accepted an enforceable undertaking from Brisbane-based Sentinel Private Wealth after the regulator found Sentinel provided poor advice

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AFCA a ‘game changer’, says O’Dwyer

Minister for Revenue and Financial Services Kelly O’Dwyer has strongly defended the government’s proposed Australian Financial Complaints Authority, ...

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