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Regulation

regulation

06 October 2017 • By • 1 min read

ASIC levy to raise $246.2m from industry

ASIC’s new industry-funded model will see the corporate sector levied a total of $246.2 million for 2017-18 – with advice licensees alone expected to ...

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ASIC releases guide on initial coin offerings

ASIC has released an information sheet providing guidance on initial coin offerings, in an effort to ensure issuers "meet their obligations"

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OpenMarkets pays $200,000 fine

Online stockbroker OpenMarkets Australia has paid a penalty of $200,000 for market integrity breaches related to its trading system. Open Markets ...

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Financial competition still exists, says APRA

The high level of “concentration” within Australian financial services is not necessarily an impediment to competition, according to APRA

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CBA’s reputation woes bad for the country: APRA

APRA has said the recent damage to CBA’s reputation is “unhealthy for the bank, it’s unhealthy for the banking system and it’s unhealthy for the ...

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New APRA powers ‘difficult to argue against’

The government’s Banking Executive Accountability Regime will bring APRA’s powers in line with its international peers, says chairman Wayne Byres

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CBA inquiry panel members revealed

APRA has released the terms of reference for its inquiry into the Commonwealth Bank, along with the panel members selected to oversee the process

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Government to beef up ASIC’s banning powers

ASIC could soon have the ability to prevent individuals from performing any function within financial services – including management roles

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New fee disclosure rules a ‘marketing challenge’

ASIC’s new fee disclosure rules won’t directly increase underlying costs for members, but the “appearance of a large hike in fees” will present ...

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ASIC looks to clean up NSX listings

The National Stock Exchange has agreed to make a number of changes to its listing standards following the conclusion of an ASIC review. The ...

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