Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Regulation

regulation

29 November 2019 • By Lachlan Maddock • 1 min read

What’s next for Westpac?

With the post-mortem firmly underway, the federal government interrogated Australia’s peak banking association on what Westpac should do next

READ MORE
icon

ASIC investigates Sydney fund manager

ASIC has launched an investigation into Sydney-based Regal Funds Management, over its trading into certain securities. The listed fund manager told ...

READ MORE
icon

APRA, ASIC pledge closer partnership

APRA and ASIC have signed an updated collaboration agreement, committing to deepen their cooperation and improve their information sharing

READ MORE
icon

Westpac opens the emergency exit for retail investors

Westpac will provide a withdrawal option for retail investors who applied for shares in its $500 million share purchase plan prior to AUSTRAC airing ...

READ MORE
icon

Westpac heads to face accountability law

Treasurer Josh Frydenberg has confirmed Westpac’s leadership team will be examined against the Banking Executive Accountability Regime (BEAR)

READ MORE
icon

Westpac allegations ‘appalling’: Lowe

RBA Governor Philip Lowe has called on Westpac to raise its standards as other banks scramble to avoid the same fate. “We demand very high ...

READ MORE
icon

APRA proposes super insurance reforms

APRA has opened public consultation for revisions to its prudential standard around insurance in superannuation, angling for changes such as a maximum ...

READ MORE
icon

Afterpay breached money laundering legislation

Afterpay breached money laundering law because of incorrect legal advice, according to an auditor. The buy-now, pay-later giant was the subject of ...

READ MORE
icon

Westpac circles the wagons

Westpac has launched an $80 million response to AUSTRAC’s allegations, but APRA might want a piece of the pie. The bank’s response plan, announced ...

READ MORE
icon

Westpac ‘truly sorry’ about failures linked to child sex abuse

The major bank’s chairman has said the possibility that any child has been hurt as a result of the bank’s failings is “deeply distressing”

READ MORE