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Regulation

regulation

18 March 2016 • By • 1 min read

ASIC updates fundraising guidance

ASIC has updated its fundraising regulatory guidance, issuing two new legislative instruments to help reduce business costs. In a statement, ASIC ...

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ASIC concerns prompt OnePath review

ANZ wealth management subsidiary OnePath will have its compliance procedures independently reviewed after an ASIC investigation revealed a ...

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Senate hands down report on MIS failures

The financial planning sector has been put under the blowtorch in a new Senate economics committee report on the 2009 collapses of Timbercorp and ...

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Macquarie appeals ASIC 'client money' decision

Macquarie Group has applied to the Administrative Appeals Tribunal (AAT) for a review of ASIC's decision to apply licence conditions to the bank over ...

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Macquarie slapped with more licence conditions

ASIC has imposed additional licence conditions on Macquarie Bank's Australian Financial Services Licence. The corporate regulator imposed the ...

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Product obligations could stifle innovation

Treasury is currently drafting legislation that would place additional obligations on product manufacturers, says Minter Ellison, but innovation could ...

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ASIC warns industry on cyber resilience

ASIC has commended the cyber resilience of the ASX and Chi-X, but at the same time has encouraged the broader financial services industry to examine ...

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ANZ and ASIC headed for the courts

ANZ has indicated it will "vigorously defend" itself in a legal action brought against the bank by ASIC regarding manipulation of the bank bill swap ...

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ASX goes live with T+2 settlement period

The ASX T+2 settlement period commenced today, meaning that share market trades must now settle two days after the trading day. The T+2 settlement ...

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Labor cautiously backs life insurance reforms

The government's proposed changes to the life insurance industry many not be "the final destination" but they are "worthy of support", says shadow ...

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