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Regulation

regulation

30 September 2019 • By Lachlan Maddock • 1 min read

Finance sector to combat modern slavery

The global finance sector has launched an initiative to eliminate modern slavery and help victims of the practice regain their financial independence

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Lowe remains hopeful in face of global uncertainty

Reserve Bank governor Philip Lowe has hinted at the prospect of a third rate cut this year amid sluggish economic growth and global market uncertainty

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ASIC wins court case against asset manager

The Federal Court of Australia has delivered judgment in ASIC’s favour in proceedings against Gallop International Group, Gallop Asset Management, ...

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APRA responds to IOOF victory in Federal Court

The Australian Prudential Regulation Authority has responded to the judgment today in its court action against IOOF entities, directors and executives

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Regulators suffer second defeat after IOOF wins court case

APRA has become the second regulator to fail in its attempt to take legal action against a major financial institution following the Hayne royal ...

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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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