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Regulation

regulation

12 March 2021 • By • 1 min read

ASIC imposes licence conditions on derivatives issuer

The regulator has opposed additional conditions on the financial services licence of an OTC derivatives issuer, after suspending its licence for ...

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APRA ditches Westpac investigation

The prudential regulator has closed its investigation into Westpac over the AUSTRAC scandal that rocked the bank in 2019.  APRA commenced its ...

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APRA agrees enforceable undertaking with Allianz

The prudential regulator has accepted an enforceable undertaking from a global insurer to rectify "serious issues" with its compliance processes

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Labor makes gender pay gap election promise

Opposition Leader Anthony Albanese has pledged to make large companies publicly disclose their gender pay gap, as part of an election promise ...

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Mayfair claims victory over former investor

Mayfair 101 has won a case brought by a former investor in a finding it believes will be “problematic” for ASIC. The Supreme Court of NSW found ...

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ASIC defends higher industry levies

The corporate watchdog has responded to industry grumbles that it has substantially stretched its levies beyond the level of prior years, insisting it ...

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ASIC takes REST to court

The watchdog has commenced civil penalty proceedings in the Federal Court against retail industry fund REST, for allegedly misleading members about ...

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RBA makes March rate call

 The RBA has made its latest decision on rates against a backdrop of rising bond yields and increasing economic uncertainty.  The RBA has left ...

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ASIC takes CommSec, AUSIEX to court

ASIC has launched civil penalty proceedings against CommSec and AUSIEX for “systemic compliance failures” over a “significant period of time”

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Industry, consumer body back new super laws

A superannuation industry body and a consumer advocate have shown support for the passage of two bills related to superannuation.  The government ...

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