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Regulation

regulation

21 November 2018 • By Sarah Simpkins • 1 min read

Banking regulators to level cultural change

Banking regulators around the world are focusing on addressing company culture to prevent misconduct, according to a report by Herbert Smith Freehills

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Investors cautioned to prepare for change

Income investors have been cautioned to prepare for potential changes to a variety of government policies should Labor win the next federal election, ...

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UBS pays ASIC infringement notice

The corporate regulator has announced that UBS Securities has paid a penalty to comply with an infringement notice given by the Markets Disciplinary ...

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Small banks fear regulation cost hike

Smaller lenders are concerned they could be squeezed out by escalating regulatory costs as a result of the royal commission, according to a survey by ...

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AFCA initiates small business ombudsman

The Australian Financial Complaints Authority is appointing a dedicated small business lead ombudsman to resolve financial disputes that businesses ...

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Lonsdale begins overhaul of APRA powers

The prudential regulator has announced that its “enforcement strategy and infrastructure” will be reviewed by its recently appointed second deputy ...

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Finance industry retains highest gender pay gap

Financial and insurance services continued to have the highest gender pay gap out of any Australian industry in 2017-18 at 30.3 per cent, according to ...

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ASIC concedes it doesn’t know how to deter misconduct

The corporate regulator has told the Hayne royal commission that it is at a loss over how to successfully prevent misconduct in financial services

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APRA reviewing approach to enforcement action

APRA has announced the terms of reference for the upcoming review that will examine the regulator’s enforcement strategy. APRA established the ...

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APRA to enforce Murray Inquiry recommendation

APRA has proposed changes to the application of the capital adequacy framework for authorised deposit-taking institutions to support orderly ...

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