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regulation

20 September 2019 • By James Mitchell • 1 min read

Betting against the banks: Class actions, litigation funders and risk

EXCLUSIVE Class action lawyers are having a field day following the Hayne royal commission. A top litigation funder reveals how taking Aussie ...

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Big four poised to demand clarity after Westpac case

EXCLUSIVE A former Macquarie banker says hazy guidelines around lending will cause problems for the next six months following the Westpac case, ...

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‘Get better or get out’: APRA warns super funds

APRA chairman Wayne Byres says the prudential regulator will be having some “difficult discussions” with superannuation trustees that fail to produce ...

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RBA flags ‘upswing’ in housing market

The Reserve Bank has touted the possibility of an investor-driven resurgence in the residential property market. In minutes released from the ...

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FSC supports no hawking of insurance

Pressure selling insurance products, over the phone or otherwise, is not acceptable according to the Financial Services Council. FSC CEO Sally ...

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Mortgage risks remain in system: APRA

APRA chairman Wayne Byres has left the door open to more lending curbs after warning against a resurgence in speculative activity. In an address to ...

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Low interest rates could bite smaller banks: APRA

The current low interest rate environment could impact the ability of smaller banks to compete against the major institutions, APRA chair Wayne Byres ...

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Treasury opens ASIC enforcement consult

The government has released its draft legislation for ASIC enforcement which could allow the regulator access to intercepted telecommunications, as ...

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AFCA naming and shaming from October

The Australian Financial Complaints Authority (AFCA) has confirmed a starting date for it to name firms in its determinations, with the watchdog to ...

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ASIC producing reports but no results

ASIC has released an update to its response to the royal commission that has revealed that the regulator has commissioned a lot of reports but has not ...

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