Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Regulation

regulation

27 February 2020 • By Sarah Simpkins • 1 min read

FSC warns accountability regime may burden super

The Financial Services Council has cautioned that if not executed well, the extension of the Banking Executive Accountability Regime (BEAR) to ...

READ MORE
icon

Former investment analyst pleads guilty to Big Un insider trading

BREAKING A former investment analyst has pleaded guilty to insider trading and communicating inside information relating to the purchase and sale of ...

READ MORE
icon

APRA amplifies climate risk monitoring

The prudential regulator has ramped up its efforts around setting how financial institutions prepare for climate change, indicating it will be stress ...

READ MORE
icon

APRA to embed climate in stress tests

Major financial institutions will have to answer for how well prepared they are for climate change, as the prudential regulator reshapes its stress ...

READ MORE
icon

AFCA chair endorses finance law firm

Australian Financial Complaints Authority (AFCA) chair Helen Coonan has backed a new financial services law firm at its launch. Legal veterans ...

READ MORE
icon

Westpac pummeled by AUSTRAC, bushfires

Westpac will have to tighten the purse strings as the looming AUSTRAC penalty and natural disaster costs force the bank to downgrade earnings growth

READ MORE
icon

Australia a money laundering hotspot

Weaknesses in Australia’s money laundering laws have turned the country into a safe haven for “significant quantities of illicit funds”, according to ...

READ MORE
icon

Last resort compensation scheme needs limits: FSC

The Financial Services Council (FSC) has urged the government to work with industry on the compensation scheme of last resort (CSLR), cautioning the ...

READ MORE
icon

Lowe warns of ‘profound’ climate hit

RBA governor Philip Lowe has flagged massive economic impacts from climate change and laid out the role the RBA will take in combating it

READ MORE
icon

Regulators back Hayne’s super reforms

ASIC and APRA have expressed support for the government’s draft reforms for superannuation policing, which would grant stronger consumer protection ...

READ MORE