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Regulation

regulation

04 December 2015 • By • 1 min read

Government tables equity crowd-funding bill

The government has introduced a bill that would make equity crowdfunding possible for Australian fintech start-up companies. On the last ...

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Planning group slapped with licence conditions

ASIC has imposed licensing conditions on financial advice group, Morgans Financial, after it identified concerns in regards to the firm's arrangements ...

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Govt announces key APRA appointments

Treasurer Scott Morrison has this afternoon announced new appointments to APRA, including the former chief executive of Suncorp Life. Mr Morrison ...

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ASIC’s fee guidance update falls short: ISA

ASIC has updated its guidance on fee and cost disclosure for trustees of superannuation funds but retail funds will be permitted to remain ...

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Robo-advice restricted by legal requirements

Robo-advice firms may need to brand their advice as "general" in order to comply with legal requirements such as best interest duties, says financial ...

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APRA boss defends risk modelling

Risk modelling may have gone from the "penthouse to the doghouse" in the wake of the global financial crisis, but APRA chairman Wayne Byres continues ...

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ANZ to pay back $13 million to customers

Around 20,000 customers ANZ customers will be compensated approximately $13 million after the bank failed to apply bonus interest to its Progress ...

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Banks already pay GST, says KPMG

Calls to broaden the GST base to financial services miss the fact that financial institutions already pay GST via input taxation, says KPMG

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Final life insurance package released

The government has released its final life insurance industry package, reducing the three-year clawback policy, but making no changes to commission ...

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Tough year ahead on capital ratios, says APRA

APRA chairman Wayne Byres has admitted Australia is "not entirely the master of its destiny" when it comes to capital ratios, with international ...

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