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Regulation

regulation

02 September 2019 • By Adrian Flores • 1 min read

ASIC revises class order on share purchase plans

The corporate regulator has remade the relief on a class order facilitating the offer of share and interest purchase plans that was due to sunset on 1 ...

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APRA sharpens focus on super, risk

APRA has set its sights on amping up its regulation of superannuation and non-financial risks such as culture and accountability in the coming years, ...

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ASIC tightens hold on funds

In the coming years, ASIC will be pushing for more competition among fund managers, as well as tightening its grip on superannuation funds in its new ...

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ASIC action pushes Allianz to refund $8m

Allianz Australia Insurance will be refunding more than $8 million in consumer credit insurance (CCI) premiums and fees, with the insurer to stop ...

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AFCA welcomes new ASIC powers

In a published submission, AFCA has welcomed the new ASIC product intervention powers that will enhance the commission’s regulatory toolkit

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APRA chair warns tech renders regulation ‘inadequate’

APRA chair Wayne Byres has said the prudential regulator’s framework is ill-prepared for new technology in the financial services sector, ...

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Union slams ANZ’s ‘cult of secrecy’

The Finance Sector Union (FSU) has criticised ANZ for not taking measures in its own hands and exposing its own cultural self-assessment, after the ...

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APRA updates financial sector shareholdings rules

The prudential regulator has released the 2019 version of its Financial Sector (Shareholdings) Rules for new companies entering the sector

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Investors Exchange PDS given stop order

The corporate regulator has put a stop order on the issuing of a product disclosure statement from Investors Exchange Limited following concerns it ...

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ANZ chairman spills on self-assessment

Complacency, a lack of accountability and short-term fixes have all been listed as issues with ANZ’s culture in a statement by chairman David Gonski ...

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