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regulation

03 December 2018 • By Sarah Simpkins • 1 min read

Banks pledge to new accessibility standards

Australian banks have committed to new principles in product design to ensure accessible banking for people with disability as a result of an industry ...

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RBA subsidiaries fined $22m over bribes

The Central Bank has finally released details of the landmark prosecution that involved two of its subsidiary companies involved in bribing overseas ...

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Forex company director banned in ASIC sting

ASIC has cancelled the AFSL of retail OTC derivative issuer Berndale Capital Securities and banned its former director. ASIC has cancelled ...

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Life insurance losses recorded over September quarter 

APRA’s quarterly life insurance industry performance figures for the September 2018 quarter show a $172.9 million loss in the individual disability ...

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‘It’s a habit’: NAB chair not happy with ASIC dealmaking 

NAB chairman Ken Henry says the bank’s habit of negotiating outcomes with the corporate regulator has led to “dysfunction” within the group

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ASIC announces new panel appointments

The commission has made a series of appointments to its markets disciplinary panel to ensure it has an appropriate mix of expertise.  ASIC has ...

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AfterPay, zipPay in ASIC crosshairs 

ASIC has found that ‘buy now, pay later’ arrangements are influencing the spending habits of younger consumers. A buy now pay later arrangement ...

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NAB chair says two-strikes wouldn’t pass now

NAB chair Ken Henry has said corporate accountability law, the two-strikes rule, would not pass in current circumstances as it forces company ...

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APRA responds to ADI submissions

The prudential authority has responded to industry submissions on the introduction of a leverage ratio requirement for ADIs.  In February this ...

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Tax experts respond to negative gearing proposal

Tax experts have confirmed that Labor’s proposed changes to negative gearing will add a further degree of complexity to the tax system

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