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Regulation

regulation

04 December 2017 • By Jessica Yun • 1 min read

Defiant banks welcome royal commission

Australia’s four major banks have pledged to fully co-operate with the government’s royal commission into banking and financial services, declaring ...

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Royal commission into banking announced

Prime Minister Malcolm Turnbull has confirmed his government will conduct a royal commission into Australia’s banking and financial services industry

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‘Poor performers’ face renewed APRA scrutiny

Superannuation funds that do not deliver consistent and sustainable outcomes for their members will be encouraged or even forced to make “fundamental ...

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Foster Stockbroking enters EU

ASIC has accepted an enforced undertaking from boutique investment banker Foster Stockbroking after its associates failed to disclose conflicts of ...

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Government consults on new ASIC fee regime

Treasury has released its proposed schedule of ASIC ‘fees-for-service’ under the corporate regulator’s new industry funding model

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Bell Potter Securities pays $358,000 penalty

Stockbroking firm Bell Potter Securities has paid a penalty of $358,000 after an ASIC investigation found it manipulated the market for DirectMoney ...

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ASIC confirms ‘independence’ definitions

The corporate regulator has affirmed its position on changes to section 923A of the Corporations Act, which will restrict the terms financial advisers ...

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Court approves ANZ’s $50m BBSW settlement

The Federal Court has approved ANZ’s settlement with ASIC in the bank bill swap rate action, with ANZ agreeing to pay $50 million and accepting it ...

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Banned stockbroker sentenced for dishonest conduct

Former stockbroker Lewis Anthony Wright Fellowes has been sentenced to prison for dishonestly using client funds for personal financial gain following ...

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Government consults on AFCA

The Coalition government has released a consultation paper on the terms of reference, governance and funding arrangements for the new Australian ...

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