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Regulation

regulation

17 July 2017 • By • 1 min read

‘More needed’ on unpaid super: ISA

Recent attempts to curb unpaid superannuation will only help one out of 10 affected individuals, says lobby group Industry Super Australia

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ASIC consults on new financial benchmark regime

The corporate regulator has proposed a new regulatory regime for financial benchmarks including the bank bill swap rate, the consumer price index and ...

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Coalition proposes broader use of the term ‘bank’

Treasury has released draft legislation for public consultation to remove restrictions on the word ‘bank’ to allow for “a more level playing field in ...

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ASIC has ‘misfired’ on sell-side research

The corporate regulator’s new guidance on sell-side research would create a compliance “army” as well as making analysts personally liable for any ...

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Government consults on banking executive regime

The government has released the details of its proposed Banking Executive Accountability Regime, first announced in May’s federal budget

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Derivatives platforms ‘vulnerable’, warns AUSTRAC

The practice of white-labelling trading platforms is creating significant “operational vulnerabilities” for the securities and derivatives sector, a ...

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AFCA won’t be able to prevent scandals: CIO

The government’s proposed Australian Financial Complaints Authority (AFCA) will not have the requisite structure or power to prevent financial ...

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ASIC planning to tighten client money rules

ASIC is seeking industry feedback on its plans to impose new reporting rules on AFSLs that hold “derivative retail client money” within the meaning of ...

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New regulatory ‘pathway’ for annuities announced

The new tax exemption for retirement income stream products, effective from 1 July 2017, will be administered via a “cross-agency” process including ...

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Robo-advice profits a long way off: CFA Institute

Robo-advice has a “bright and profitable” future, according to the CFA Institute, but the sector is unlikely to become profitable in the short-term

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