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Regulation

regulation

30 August 2021 • By Fergus Halliday • 1 min read

Payments system review proposes new role and powers for federal Treasurer

A report on Australia’s payment processing systems has advocated the introduction of new powers that would allow the federal Treasurer to influence ...

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Questions raised on ASIC’s handling of ASX report

A parliamentary committee has questioned the corporate regulator’s decision not to publicly release a report into the ASX’s major market outage in ...

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APRA releases final remuneration standard

APRA has released its final prudential standard that fulfils three of the key recommendations of the royal commission. After an “extensive ...

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New ASIC mandate to cut red tape

The corporate regulator has officially jettisoned its post-royal commission hardline enforcement stance in favour of a mandate with reducing ...

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ASIC considers further payment-for-order-flow bans

ASIC has announced that it will be considering further regulation around payment for order flow between non-market participant intermediaries

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Investors ‘taking a risk’ on crypto providers: ASIC

The corporate regulator has warned investors that using overseas crypto operators will not provide the same consumer protections that apply to local ...

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Treasury poses amendments to DDO obligations

Treasury has announced a number of amendments to the design and distribution obligations, ahead of the new regime’s commencement in October

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Royal commission fines top $100m

In the two years since the royal commission’s final report, the corporate regulator has handed out more than $100 million in fines to Australia’s ...

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APRA tightens rules on banking start-ups

The prudential regulator has said challenger banks will need to have successfully launched a number of new products and demonstrated capital stability ...

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Senate rolls over on market disclosure

The government has secured passage of controversial reforms to permanently wind back market disclosure obligations for companies, despite strong ...

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