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regulation

10 April 2015 • By • 1 min read

Govt proposes new tax system for MITs

The government has released draft legislation to cover a new tax system for managed investment trusts (MITs). According to a Treasury statement, ...

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Fintech start-ups issued AFSL warning

Fintech providers operating without an AFSL or credit licence (ACL) could find themselves in ASIC's crosshairs, warns commercial law firm The Fold

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FPA backs FSI on product obligation

Financial product manufacturers and distributors should be subject to a conduct obligation, the Financial Planning Association argues in a submission ...

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ASIC mulling 'new entrants': Kell

The prospect of non-traditional players such as Google entering financial services has prompted ASIC to reassess its regulatory toolkit

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‘Manufacturers created this’: Suncorp Life

In response to the Trowbridge report, Suncorp Life chief executive Geoff Summerhayes has conceded insurance product manufacturers are to blame for the ...

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Regulation key to economic strength, says Murray

The future strength of the Australian economy will depend upon on how well regulators address the nation’s systemic vulnerabilities, says Financial ...

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Senate seeks UK assistance in NAB probe

The UK House of Commons has been approached for intelligence on NAB’s British subsidiaries as the Senate Economics Committee expands its investigation ...

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Aussie banks lead world on fintech

Digital disruption is fast approaching the global financial system, but the Australian banks have a competitive advantage, says veteran equity ...

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Industry must ‘lift its game’, says NAB exec

A string of scandals in global financial services has caused a “massive loss of trust” and the industry must take ownership of the issue, says NAB ...

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ASIC grills UBS on 'poles and wires' report

The corporate regulator has issued a 'please explain' request to UBS following the investment bank’s retraction of a report criticising the NSW ...

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