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Regulation

regulation

15 December 2016 • By Adrian Flores and Tim Stewart • 1 min read

Turnbull pushes for Australian financial hub

Prime Minister Malcolm Turnbull has made the case for the export of Australian funds services and the establishment of Melbourne and Sydney as ...

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Federal Court fines ANZ, Macquarie Group

A Federal Court ruling will see both ANZ and Macquarie Group pay multimillion-dollar penalties for attempted cartel conduct, according to the ACCC

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OpenMarkets slapped with licence conditions

Online stockbroker OpenMarkets has had additional conditions imposed on its financial services licence following a surveillance by ASIC

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ASX to take over BBSW administration

The ASX been appointed to administer the bank bill swap rate (BBSW) following a tender process by the Australian Financial Markets Association (AFMA)

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ASIC extends transition period for PDS rules

The corporate regulator has pushed out the deadline for new PDS fee and cost disclosure requirements for super funds and responsible entities until 30 ...

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ASIC to target bank cross-selling

The corporate regulator has revealed to a parliamentary inquiry it has asked the major banks for an audit of their cross-selling practices

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ANZ and Macquarie admit to cartel conduct

Both ANZ and Macquarie have admitted to attempting to engage in cartel conduct in relation to the benchmark rate for the Malaysian ringgit

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Government inquiry calls for banking tribunal

The Coalition's inquiry into the four major banks has recommended the establishment of a banking tribunal to replace the current external dispute ...

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Coalition tables crowd-sourced funding bill

The government has introduced legislation that will allow unlisted companies to raise up to $5 million via crowd-sourced equity funding

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ASIC takes stockbroker to court

ASIC has commenced civil penalty proceedings against Perth-based State One Stockbroking after it failed to comply with an infringement notice issued ...

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