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Regulation

regulation

04 November 2020 • By Sarah Simpkins • 1 min read

AFCA chases super complaints

The complaints authority has asked ASIC to allow the transition of any unresolved complaints from the soon-to-be-ended Superannuation Complaints ...

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Lowe defends unconventional policy leap

RBA governor Philip Lowe has defend the bank’s bold leap into unconventional territory, saying it was always going to be necessary despite previously ...

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RBA makes November rate call

 It’s the rate that stops a nation as the RBA makes its latest decision on monetary policy amidst increasing pressure to return the nation to full ...

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Rest settles climate risk lawsuit

Rest has settled litigation brought by one of its members in relation to its handling of climate change risk. Mark McVeigh alleged that the $57 ...

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CBA penalised over increased credit for problem gambler

The Federal Court has ordered CBA to pay a penalty after it deemed the bank breached its responsible lending duties when it approved a credit card ...

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Westpac named third most fined bank worldwide

The big four bank has racked up the third-highest penalties globally in 2020, according to a new report. Data from market researcher Finbold has ...

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Shipton kept remuneration scandal close to chest

ASIC chair James Shipton didn’t tell senior colleagues about the remuneration issues that could topple him – and a number of political figures are ...

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Without Crennan, is ASIC dead in the water?

The departure of Daniel Crennan highlights two problems for ASIC – both of its own making. Mr Crennan’s quick exit from ASIC’s upper echelons in ...

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Wilson leads the charge against virtual AGMs

Wilson Asset Management chair Geoff Wilson is attempting to rally some 88,000 shareholders in WAM’s LICs to prevent virtual AGMs from becoming a ...

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ACCC assessing IOOF, MLC deal

The ACCC has commenced a review into IOOF’s proposed $1.4 billion acquisition of MLC, with the regulator to weigh up any impacts on competition in the ...

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