Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Regulation

regulation

07 November 2018 • By Annie Kane • 1 min read

Regulatory reform next on royal commission agenda

The upcoming round of public hearings for the financial services royal commission will focus on misconduct and conduct falling below community ...

READ MORE
icon

Industry must take more responsibility: APRA

The Australian Prudential Regulation Authority has released its submission to the Hayne royal commission interim report and has told the industry to ...

READ MORE
icon

APRA under pressure to focus on enforcement

The prudential regulator is bolstering its resources and rethinking its stance on enforcement following heavy criticism during the Hayne royal ...

READ MORE
icon

ASIC, APRA issue new reporting standard

The corporate and prudential regulators have released a new reporting standard that will make it compulsory for life insurers to report data on claims ...

READ MORE
icon

10 years imprisonment for misconduct

The government is set to introduce tougher new criminal penalties for misconduct in the financial sector with individuals to face ten years ...

READ MORE
icon

ASIC provides update on ‘fees for no service’

The corporate regulator has provided an update of an enforceable undertaking on two major bank financial advice subsidiaries regarding its conduct ...

READ MORE
icon

ASIC, ACCC given stronger unfair contract powers

The government has assigned both the corporate and competition regulators greater investigative powers in assessing the fairness of standard contract ...

READ MORE
icon

NAB vows to shakeup banker bonus culture

Changes have been made to incentive structures to better align with customer outcomes rather than bank outcomes as a result of the Hayne royal ...

READ MORE
icon

RBA fears Hayne could trigger credit crunch

The Reserve Bank of Australia has echoed Westpac’s warning that the impact of the royal commission could see further reductions in the availability of ...

READ MORE
icon

NAB boss ‘ashamed’ of conduct, admits RC error

NAB chief executive Andrew Thorburn has admitted he is “ashamed” of the bank’s conduct, and has changed his view around the need for a banking royal ...

READ MORE