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Regulation

regulation

24 July 2019 • By Eliot Hastie • 1 min read

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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MLC Super faces class action

William Roberts Lawyers and litigation funder IMF Bentham are working to bring a class action against MLC Super Fund trustee company NULIS Nominees ...

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ASIC beneficiary of data retention regime

ASIC has revealed how it has benefited from the controversial data retention regime when investigating white-collar crime.  In a submission to the ...

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