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Regulation

regulation

11 April 2016 • By Tim Stewart • 1 min read

Royal commission would spook investors: ABA

The Australian Bankers' Association has quickly moved to hose down Labor's call for a royal commission into the banking sector, claiming it would send ...

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Directors must lead culture debate: AICD

The Australian Institute of Company Directors (AICD) has called on ASIC, APRA and Treasury to meet with company directors to discuss recent examples ...

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APRA boss rejects ‘culture police’ tag

Financial services firms should incentivise prudent behaviour rather than depend on regulators to remove ‘bad apples’ after the fact, says APRA ...

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ASIC takes Westpac to court over BBSW manipulation

ASIC has commenced legal proceedings against Westpac for “unconscionable conduct and market manipulation” in relation to the bank's involvement in ...

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FSC backs mandatory carbon risk disclosure

The Financial Services Council (FSC) has called on the government to introduce mandatory carbon risk disclosure reporting for all ASX-listed companies

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Govt backs competition in equities clearing

Treasurer Scott Morrison yesterday announced a reform package that will see greater competition in the clearing of cash equities as well as more ...

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Stockbroker charged with misusing client funds

ASIC has charged a Perth-based stockbroker with three counts of dishonesty regarding the use of almost $1.6 million in client funds. Following an ...

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ASIC partners with UK regulator on fintech

ASIC and the UK's Financial Conduct Authority (FCA) have signed an agreement to work together to grow fintech businesses.  ASIC said the ...

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Industry can do better on conflicts: ASIC

A new report by ASIC has found that some conflicts of interest in vertically integrated firms “may not have been adequately managed”

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Industry funds reject new disclosure rules

Industry Super Australia (ISA) has warned against changes to superannuation product disclosure requirements as outlined in draft legislation presented ...

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