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Regulation

regulation

03 June 2019 • By Eliot Hastie • 1 min read

Regulators are risk industry’s number one fear

Australian risk managers and governance leaders have unanimously chosen regulatory reform as the top risk for the industry in the future

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Compliance culture must start with ‘why?’

EXCLUSIVE A good culture of compliance within wealth management businesses must start with why certain regulatory measures are being implemented in ...

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Investment banks face cartel class action lawsuit

Five global investment banks are facing a cartel class action lawsuit after a suit was filed at the Federal Court yesterday.  Maurice Blackburn ...

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Maurice Blackburn wins right to class action against AMP

The NSW Supreme Court has selected law firm Maurice Blackburn to be the one to take a shareholder class action against AMP following last year’s royal ...

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Emboldened regulator to hit banker pay

APRA will soon be handing down new prudential standards around remuneration following the damning results of an inquiry into 36 of Australia’s ...

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Wealth boss pens open letter to Scott Morrison

EXCLUSIVE Now that he’s secured his leadership, Prime Minister Scott Morrison has a major opportunity to secure the future viability of the financial ...

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Financial sector rife with ‘complacency’ and poor culture: APRA

A report from prudential regulator has found that CBA is not the only institution that suffers from an ill-defined culture and hazy accountability

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Banks to set their own mortgage buffers

The banking regulator has announced that it will give banks greater flexibility to their own serviceability floors in a move that could open the ...

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APRA issues firm warning to IOOF

APRA has issued directions to companies within the major ASX-listed wealth management group for failing to comply with licence conditions

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Financial industry must be inclusive: ASIC

ASIC chair James Shipton called for financial institutions to make the industry more inclusive to all parts of the community, as international ...

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