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Regulation

regulation

31 May 2018 • By Tim Stewart • 1 min read

ASIC extends deadline for AFCA compliance

Financial services companies will have an additional seven months to update their disclosure documents and periodic statements when the AFCA regime ...

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APRA finds ‘room for improvement’ on conflicts

APRA has written to super funds about the way they manage conflicts of interest within related-party outsourcing arrangements. In a letter to ...

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BBSW manipulation fines to fund financial literacy

The community benefit payments made by ANZ and NAB for manipulating the bank bill swap rate will be put into a new body promoting financial literacy, ...

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ASIC delegation consults on Indigenous super

An ASIC-led delegation of senior executives from the government and the super industry will visit some Indigenous communities in remote South ...

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AZNGA launches Henderson Maxwell review

The Italian fund manager-backed AZNGA network of financial advice firms has launched a review into misconduct aired at the royal commission relating ...

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CBA updates on AUSTRAC mediations

The Commonwealth Bank of Australia has issued an update on its mediation discussions with AUSTRAC regarding the allegations of money laundering filed ...

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Inquiry launched into agriculture investment

The Coalition has launched a new inquiry that will investigate barriers to increased investment in agriculture by superannuation funds. The ...

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Government to pause fines for unpaid super

The government is proposing to grant employers a 12-month amnesty from the late fines associated with outstanding superannuation, on the proviso ...

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APRA begins review of super framework

APRA has released three papers for consultation as the first part of its post-implementation review into the prudential framework on superannuation

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Financial system under ‘great threat’: ASIC

The failures within the banking sector uncovered by the royal commission constitute a “great threat” to the financial system, says ASIC chairman James ...

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