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Regulation

regulation

31 July 2019 • By Sarah Simpkins • 1 min read

ASIC halts internal market making

ASIC has implemented a pause on the admission of actively managed ETFs that do not disclose their portfolio holdings daily and have internal market ...

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RBA prepared to cut rates further

Inflation targets have overtaken fears over high household debt as the Reserve Bank’s chief priority, clearing the way for more rate cuts

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APRA targets executive remuneration

Executives who achieve their remuneration by focusing on short-term financial gains and not on customer outcomes will no longer receive massive ...

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APRA views capability report as endorsement of its strategy

APRA’s chairman has told journalist that he views the independent capability review as an endorsement of its strategic plan written earlier this year

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ASIC proposes ban on telephone sales

ASIC has proposed a ban on unsolicited telephone sales of life and consumer credit insurance following the royal commission recommendation

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Cultural change at APRA is necessary

The review into the capabilities of APRA was released this week and it found that APRA required a cultural change among a host of other changes

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Union demands government action on credit insurance

The Finance Sector Union of Australia has urged government action on consumer credit insurance and bank cultural issues following ASIC’s report into ...

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Investment complaints surge

Consumer complaints relating to investment and advice rose by 69 per cent in the first six months of the Australian Financial Complaints Authority’s ...

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ASIC cracks down on AFCA membership

The corporate regulator has clamped down on financial services licensees who have failed to gain membership with the Australian Financial Complaints ...

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Council of Financial Regulators discreetly updates charter

The Council of Financial Regulators has updated its charter for the first time since the council was established in 2004.  The changes to the ...

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