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Regulation

regulation

27 May 2020 • By Sarah Kendell • 1 min read

AFCA reports soaring complaints amid crisis

The financial services industry ombudsman has revealed it has received thousands of complaints from consumers relating to the COVID-19 crisis, with ...

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ACCC launches open banking portal

The ACCC has travelled one step further towards rolling out open banking in July, having debuted a platform allowing banks and fintechs to become ...

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Disclosure provisions on hold

COVID-19 has claimed another legislative scalp, with continuous disclosure provisions now on hold in a move the government hopes will prevent ...

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Government launches recovery plan

The Morrison Government has outlined its long-awaited recovery plans. In an address to the National Press Club, Prime Minister Scott Morrison ...

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Mayfair blasts receiver reports

Mayfair 101 has hit back at suggestions that it might be in strife after receivers were appointed to one of its funds. Mayfair 101 has labelled the ...

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Battle lines drawn on JobKeeper bungle

The revelation that the cost of JobKeeper has been halved has sent shock waves through Canberra as pollies grapple with the decision of whether to ...

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JobKeeper error slashes cost by billions

A significant number of JobKeeper enrolment forms have been found to contain errors, slashing the cost of the program by almost half. An ATO review ...

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Government cracks whip on class action funders

The Morrison government has indicated it will be slapping litigation funders with tougher regulatory standards, with financers to be required to hold ...

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Government bans LIC commissions 

The Morrison government will move to extend the ban on conflicted remuneration to listed investment companies (LICs), in an effort to protect ...

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Can banks avoid a royal commission replay?

Their virus response has been top-notch. But what happens when the support ends? Australia’s banks have stepped up to protect customers and ...

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