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09 December 2022 • By Maja Garaca Djurdjevic • 1 min read

General-purpose CBDC still a ‘revolutionary’ concept

It appears that Australia is still a long way off from seeing the introduction of a general-purpose CBDC. Speaking at the 17th Central Bank ...

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Crypto needs increased regulation: KPMG

KPMG says a regime or framework should be introduced for the tax treatment of crypto-assets to provide clarity and ensure appropriate tax outcomes

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‘Bring back CAMAC’, SCoLA says

The Society of Corporate Law Academics has called for the re-establishment of the Corporations and Markets Advisory Committee. In a submission to ...

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ASIC chair reveals regulatory limits to ASX oversight

The regulator will continue to supervise the work of the ASX toward introducing a new clearing and settlement system. In his opening statement to ...

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ASIC launches first civil court case over alleged DDO breaches

The regulator has commenced proceedings in the Federal Court. ASIC announced on Tuesday that it has begun proceedings against American Express ...

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Federal Court dismisses ASIC proceedings against CBA

The regulator alleged the bank engaged in misleading conduct over monthly access fees. The Federal Court has dismissed proceedings brought by ASIC ...

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RBA ‘sorry’ if Aussies acted on interest rate guidance

Reserve Bank governor Phillip Lowe has apologised to Australians who may have acted on the central bank’s forward guidance that rates would remain ...

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ING to uplift compliance with enforceable undertaking

AUSTRAC has accepted an Enforceable Undertaking from two entities in the ING Bank Australia group. ING has committed to improving its compliance ...

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ASIC streamlines naming conventions for ETPs

The regulator has updated its guidance for the labelling of exchange-traded products. ASIC has released updated guidance on the naming conventions ...

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Why RBA’s ‘Australian exceptionalism’ theory may cause more harm than good

The RBA is expected to persist with its “Australian exceptionalism” narrative despite scant evidence.  Earlier this week, the Federal Reserve ...

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