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Regulation

regulation

15 March 2023 • By Charbel Kadib • 1 min read

Credit Suisse audit exposes ‘material weakness’ in internal controls

The global investment bank’s internal controls over financial reporting has been found to be ineffective in detecting and assessing the risk of ...

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Economists divided on RBA’s next move as SVB collapse looms large

Although some anticipate that the aftermath of the Silicon Valley Bank’s collapse may prompt the RBA to suspend rate increases in April, others remain ...

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Think tank claps back at govt climate disclosures, pushes for ‘economy-wide’ transparency

Government firms, such as the Future Fund, should disclose climate risks alongside their public counterparts, an independent policy institute has said

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ASIC places interim stop orders on securities lending product

The regulator has identified deficiencies in the target market determination and product disclosure statement of Interactive Brokers’ Stock Yield ...

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Govt probed on franking credit tax proposal

The Albanese government has been accused of reneging on its pre-election commitment to preserve tax exemptions for franking credits.  Franking ...

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Treasury to review MIS regulatory framework

The Treasury is set to review the managed investment schemes (MIS) regulatory framework. The review, according to a statement by Financial Services ...

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How regulator crackdown could lead to ‘greenhushing’

Greenwashing has launched into the spotlight recently, but Morningstar says recent regulator action could lead to “greenhushing”. The Australian ...

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Longo warns more action to come after ASIC launches first greenwashing court case

The regulator is maintaining its strong focus on the issue of greenwashing in Australia. Australian Securities and Investments Commission (ASIC) ...

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ASIC issues corporate whistleblower guidance

The corporate watchdog has published findings from a review of whistleblower programs developed by major Australian firms, including four financial ...

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APRA’s home loan buffers deemed ‘appropriate’ amid increased volatility

The regulator has published an assessment of its macroprudential policy settings. The Australian Prudential Regulation Authority (APRA) has ...

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