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regulation

12 November 2019 • By Sarah Simpkins • 1 min read

APRA knocks back competition scrutiny

APRA chair Wayne Byres has rejected criticisms that the prudential regulator has neglected industry competition in favour of stability, noting a ...

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Rate cuts running out of steam: RBA

The RBA has acknowledged that there’s not much juice left in rate cuts, but forecasts an improvement in economic conditions. The RBA’s Statement on ...

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APRA releases superannuation data update plan

APRA has launched a multi-year project to update the breadth, depth and quality of its superannuation data collection. The regulator’s ...

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Super trustees put on notice around insurance

The corporate regulator has called on superannuation trustees to improve how it communicates reforms regarding member insurance arrangements to fund ...

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ASIC hits IOOF with licence conditions over conflicts

The corporate regulator has imposed additional licence conditions on IOOF Investment Services Ltd to improve governance and conflicts management

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ASIC, European regulator enter Aus benchmark agreement

ASIC has signed a memorandum of understanding (MOU) with the European Securities and Markets Authority (ESMA) to set out cooperation arrangements in ...

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Former adviser hit with 12-year prison term

A former financial adviser from Brisbane has been found guilty of fraud following a three-week trial and has been hit with a 12-year prison sentence

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‘I don’t want to create a police state’: ASIC chair

ASIC chair James Shipton has highlighted the role of professionalism in financial services as it adopts new product intervention powers, saying he ...

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APRA concedes to IOOF judgement

APRA has chosen not to appeal the Federal Court decision to dismiss its court action against IOOF, which alleged the wealth giant had failed to act in ...

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Raised NZ capital could slash bank dividends

The risk of dividend cuts across three of the big four banks has risen, an analyst has warned, following APRA’s latest proposals for higher regulatory ...

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