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Regulation

regulation

12 February 2016 • By Tim Stewart • 1 min read

'Plead guilty' to BBSW manipulation, warns ASIC

ASIC chairman Greg Medcraft has vowed to used his $80 million "war chest" to pursue the manipulation of the bank bill swap rate (BBSW) through the ...

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APRA puts super trustees on notice

The prudential regulator has signaled it will be closely monitoring conflicts of interest on superannuation boards throughout 2016. APRA is ...

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Moody’s downgrades WA credit rating

Moody’s Investor Service has downgraded the long-term issuer and senior unsecured debt ratings of the Western Australian Treasury Corporation (WATC)

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David Murray's FSI report under fire

The Financial System Inquiry (FSI) report has a misguided emphasis on liquidity and price discovery, argues British economist John Kay. Speaking in ...

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Carbon risk disclosure inquiry launched

The Greens have successfully established a Senate inquiry into the carbon risk disclosure practices of Australian companies. Greens Senator ...

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CBA compensation bill doubles to $2 million

The Commonwealth Bank has more than doubled the amount of compensation offered to customers who received bad advice, bringing up the total amount paid ...

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'Doubled geared' margin loans under scrutiny

An ASIC investigation into margin lending practices has revealed that 80 per cent of providers fail to take "additional steps" when approving double ...

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NSW moves to regulate peer-to-peer economy

The New South Wales government has moved closer to implementing a "flexible" regulatory framework for the peer-to-peer economy, arguing that it will ...

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FSC seeks 8% company tax cut to fuel growth

The Financial Services Council (FSC) has called for an eight per cent reduction in company income tax to 22 per cent in order to stimulate “growth, ...

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UBS escapes punishment over ‘poles and wires’ research

ASIC has decided to take “no further action” in relation to UBS’s involvement in the NSW government’s sale of electricity infrastructure in March 2015

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