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Regulation

regulation

01 June 2015 • By Tim Stewart • 1 min read

Synthetic ETFs a 'concern', says ASIC boss

The emergence of synthetic ETFs has a "lot of parallels" with the synthetic collateralised debt obligation (CDO) market that sparked the global ...

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Govt sets deadline for FOFA 'refinements'

The Coalition will make "time-critical refinements" to the FOFA regime by 1 July 2015, says assistant treasurer Josh Frydenberg – but it will not ...

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First CBA clients receive compensation

The Commonwealth Bank's review of its financial planners' poor conduct has only seen five clients receive compensation as of 30 April 2015

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MoneyGram fined by AUSTRAC

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued the largest fine in its history to remittance provider MoneyGram

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Govt releases 2015/2016 regulatory levies

Treasury has released details of its proposed levies that will fund APRA, ASIC and the SuperStream roll-out for the 2015/2016 year. The total ...

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Govt has ‘backflipped’ on SIV rules

The new significant investor visa (SIV) rules represent a “significant backflip” by the government, and restrictions on residential property may have ...

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Government finalises new SIV rules

Venture capital, private equity funds and LICs are the big winners in the final complying investment design for the significant investor visa program, ...

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High Court clarifies proportionate liability regime

A successful appeal in the High Court by former clients of WealthSure will assist plaintiffs in class actions against financial services firms, says ...

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Super emerges unscathed in 2015 Budget

The superannuation industry has welcomed the government's decision to resist 'tinkering' with Australia's retirement system in the 2015 federal Budget

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Former ASIC employee's passport surrendered

The Federal Court has ordered the surrender of the passport of a former ASIC employee following an investigation into her advice firm by the corporate ...

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