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Regulation

regulation

07 October 2019 • By Reporter • 1 min read

CommInsure charged with hawking offences

Life insurer CommInsure has been charged with 87 counts of offering to sell insurance products in the course of non-compliant unsolicited telephone ...

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Former NAB adviser jailed for three years

A former NAB adviser has been sentenced to three years imprisonment after he was charged by the District Court of NSW earlier this year for numerous ...

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APRA announces six new executive roles

The Australian Prudential Regulation Authority has announced a number of new executive appointments. The prudential regulator said the changes to ...

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APRA restructures, switches up leadership team

APRA has made a number of new executive appointments, as part of its new organisational structure with separate supervisory divisions monitoring ...

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ASIC slams industry’s non-financial risk management

ASIC has scrutinised the ability of Australia’s largest financial institutions to manage non-financial risk in a new review, citing fractured ...

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NAB to cough up further $1.18bn remediation

National Australia Bank has provided for additional charges of $1.18 billion after tax for customer remediation and software, which the institution ...

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Unconventional policy needed to ease stagnant growth

The RBA needs to do more than cut interest rates in order to improve the economy, according to Professor Richard Holden of the UNSW Business School

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ASIC opens school banking consult

ASIC has invited public feedback on school banking schemes as part of its review on their use and impact, with a consumer group slamming the practice ...

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Banking Code changes not strong enough: ACCC

The Australian Competition and Consumers Commission (ACCC) has criticised the proposed changes to the Banking Code of Practice, saying the banks have ...

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Finance sector to combat modern slavery

The global finance sector has launched an initiative to eliminate modern slavery and help victims of the practice regain their financial independence

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