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Regulation

regulation

19 October 2015 • By • 1 min read

CBA to refund $7.6 million to customers

The Commonwealth Bank of Australia will refund approximately $7.6 million to around 8,400 of its agribusiness customers. A statement by ASIC ...

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ASIC calls for whistleblower compensation

Corporate whistleblowers in Australia should be compensated for the loss of income they face by speaking up, argues ASIC chairman Greg Medcraft

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Time zones biggest 'pain point' for T+2

Over 60 per cent of Asia Pacific market participants believe time zone differences will be the biggest operational "pain point" for the transition to ...

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Boards must act on gender diversity: ACSI

The Australian Council of Superannuation Investors (ACSI) has introduced new guidelines that will see it recommend against the re-election of board ...

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Westpac to raise $3.5bn in capital

Westpac has announced it will raise $3.5 billion in equity through a share entitlement offer in order to meet additional capital requirements set out ...

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Industry funds back ‘user-pays’ ASIC

Industry Super Australia (ISA) has come out in support of shifting funding for ASIC to a user-pays model, but only on the basis that industry and ...

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ASIC user-pays model draws flak

The government has taken a mistaken 'one-size-fits-all' approach to the funding of ASIC by proposing a user-pays model based on market capitalisation, ...

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IOOF threatened with class action

Plaintiff law firm Maurice Blackburn is inviting IOOF shareholders to join a class action against the financial services firm relating to IOOF's ...

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Turnbull backs Australia as financial hub

Prime Minister Malcolm Turnbull has indicated the government is willing to pull various "tax levers" in order to turn Australia into a more ...

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FSC backs Trans-Pacific Partnership deal

The Trans-Pacific Partnership Agreement is set to provide the Australian financial services industry with a platform into major economies within the ...

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