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Regulation

regulation

28 September 2018 • By Eliot Hastie • 1 min read

Retail payment regulations under review

The Council of Financial Regulators has released an issues paper into their review of retail payments regulation. The paper is part of the CFR ...

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New taxes for investors

The Coalition government has introduced two bills to Parliament to ensure investors pay their fair share of tax. The introduction of the Treasury ...

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ASIC takes action against misleading ICOs

ASIC has taken action to stop several proposed initial coin offerings or token-generation events targeting retail investors. Problems identified by ...

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Inquiry launched into implications of refundable franking credits

The House of Representatives standing committee on economics has announced an inquiry into the implications of removing refundable franking credits

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CBA ignored ASIC to deny claims payout

CBA’s life insurance business CommInsure has admitted to not following recommendations from the corporate regulator to update its medical definition ...

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ASIC approves AFCA rules

The Australian Securities and Investments Commission has approved the Australian Financial Complaints Authority complaint resolution scheme rules and ...

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ClearView failed to reprimand rogue sales head

The life insurer has admitted it took no disciplinary action against the head of its direct sales division after he told senior management that he was ...

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Freedom flogged life insurance to mentally disabled Aussies

The royal commission has heard how the insurance provider sold cover over the phone to a number of vulnerable people including a disabled man with ...

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ClearView’s boiler room tactics exposed by royal commission

The Hayne royal commission has heard how a major life insurer broke the law multiple times over a three-year period in an attempt to hit telephone ...

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Regaining trust 'not the regulator's job': APRA

The prudential regulator's chair has told industry leaders that the responsibility of regaining the public's trust in the financial sector ultimately ...

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