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Regulation

regulation

28 July 2022 • By Jon Bragg • 1 min read

ASIC issues first DDO stop orders

Interim stop orders have been placed on three financial firms. On Thursday, ASIC announced it has placed interim stop orders on three financial ...

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ASIC places stop order on ‘misleading or deceptive’ managed fund ads

The corporate regulator said the ads may be misleading or deceptive to investors. On Friday, ASIC announced it had placed a stop order on ...

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Industry group calls for level playing field for crypto-assets

The industry body has issued a submission to Treasury. The Financial Planning Association of Australia (FPA) has thrown its support behind a ...

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APRA removes additional capital requirement on Allianz

The prudential regulator has confirmed the move. APRA has announced it has removed the remaining $150 million capital overlay it applied to Allianz ...

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ASIC investigation uncovers 'concerning consumer losses from trading in CFDs'

The company’s Australian financial services (AFS) licence has been surrendered. Over-the-counter derivatives provider Sirius Financial Markets, ...

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Aussie bank pays penalty for alleged breach of open banking rules

The ACCC alleged the bank had breached the rules of the Consumer Data Right. On Wednesday, the ACCC confirmed that Bank of Queensland (BOQ) has ...

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Stephen Jones outlines plan for BNPL regulation

Consultation on improvements to the regulation of credit, including buy now, pay later products, will begin soon. The federal government has ...

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'Long way to go' to achieving net zero despite recent progress, ESG survey finds

Fidelity International’s annual ESG Analyst Survey has found signs of year-on-year progress towards net zero. However, it confirmed there's still a ...

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ASIC updates guidance on superannuation forecasts

The regulator has provided guidance for super calculators and retirement estimates alongside the release of a new legislative instrument

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RBA hikes as inflation battle continues

The Reserve Bank of Australia has announced its first rate call for this financial year. Following its decision to lift rates by a widely ...

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