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regulation

28 June 2019 • By Sarah Simpkins • 1 min read

ASIC wealth management enforcement surges

ASIC chair James Shipton has reported a 166 per cent increase in wealth management enforcement investigations from February last year to this past ...

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CBA’s enforceable undertaking accepted by commissioner

The Australian Information Commissioner has accepted an enforceable undertaking offered by CBA after a data breach in 2016 and 2018.  The ...

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Investment regulation levy predicted to rise 32%

ASIC has released its indicative industry levies for the 2018-19 financial year, baring that the investment management and superannuation sector could ...

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Aus funds to account for modern slavery

With the first round of reporting to kick off under the Modern Slavery Act next week, a fund manager has said Australian institutional investors will ...

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APRA preparing for super stakeholder regulation

APRA is gearing up for its new gatekeeping powers for approving changes to controlling stakes of superannuation licensees, having released a draft ...

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ASIC falls in line with incoming super laws

The corporate regulator has made changes to its fees and cost disclosure requirements to keep it consistent with the government’s Protecting Your ...

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ASIC approves AFCA legacy complaints change

The corporate regulator has approved changes to the Australian Financial Complaints Authority rules that will allow it to handle complaints dating ...

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Achieving full employment is ‘crucial’: RBA

Reserve Bank of Australia assistant governor Luci Ellis is confident Australia can sustain a far lower rate of unemployment than it has in previous ...

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APRA imposes conditions on AMP Super

The prudential regulator has issued directions and additional licence conditions on AMP Super to address a range of concerns regarding its compliance ...

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ANZ caves on ‘fees for no service’ issue

The major bank has complied with the court enforceable undertaking entered into with ASIC in March 2018 regarding fees for no service. ANZ entered ...

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