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Regulation

regulation

17 July 2023 • By Jon Bragg • 1 min read

APRA releases new operational risk standard amid rise in cyber breaches

The new prudential standard will apply to super funds, banks, and insurers. The Australian Prudential Regulation Authority (APRA) is seeking to ...

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Is Philip Lowe’s term as RBA governor coming to an end too soon?

A top economist believes there was a “strong case” to reappoint the RBA governor. Philip Lowe’s tenure as governor of the Reserve Bank of Australia ...

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APRA supports FRAA review recommendations to enhance superannuation supervision and resolution

The prudential regulator has welcomed FRAA’s first review findings and said it is committed to implementing the recommendations. The Australian ...

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Michele Bullock appointed next RBA governor

The federal government has confirmed that Michele Bullock will be the next governor of the Reserve Bank. Michele Bullock has been announced as the ...

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‘Big call’: Chalmers discusses RBA governor decision

The Treasurer has stressed the importance of naming the next Reserve Bank governor. Treasurer Jim Chalmers has described the selection of the next ...

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ASIC flags further enforcement action against greenwashing

The regulator has pledged to continue its targeted surveillance activity and progress its current investigations surrounding the issue of greenwashing

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Major bank CEOs to face parliamentary grilling

The chiefs of Australia’s big four banks are set to appear before the House standing committee on economics to discuss a range of key issues, ...

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Openmarkets pays record $4.5m penalty

Online stockbroker Openmarkets has paid a record $4.5 million penalty. In a statement on Thursday, the Australian Securities and Investments ...

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APRA probe exposes cyber security failings

The prudential regulator has identified six common shortfalls in the cyber security practices of financial services institutions following its first ...

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APRA issues fine to ASX-listed ADI

A second-tier lender has been fined for failing to meet its data reporting obligations. The Australian Prudential Regulation Authority (APRA) has ...

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