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Regulation

regulation

26 October 2020 • By Lachlan Maddock • 1 min read

Is it time to clean out the corporate cop?

The ignominious departure of James Shipton and Daniel Crennan is just the latest in a series of failings on the part of ASIC. The royal commission ...

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Goldman Sachs to recoup exec pay over corruption fallout

Goldman Sachs has said it will be clawing back certain executives’ remuneration as it has agreed to pay a US$2.9 billion penalty over its role in ...

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ASIC chair steps aside after $118k consultant bill

ASIC chair James Shipton has stepped aside pending an investigation into relocation expenses following explosive evidence to the standing committee on ...

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NAB flags huge remediation hit

The bank has flagged huge provisions for remediating its wealth customers and payroll errors that cost employees millions ahead of its full-year ...

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Economics committee to grill regulators

The standing committee on economics has called ASIC, APRA, and the ACCC for its first post-budget hearing to ensure the regulators are keeping a close ...

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Derivatives issuer hit with $75m penalty

An over-the-counter (OTC) derivatives issuer and its former authorised representatives have been ordered to pay $75 million after their conduct ...

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Lowe wavers on race day cut

It will be the rate that stops the nation after RBA governor Philip Lowe used a key speech to weigh the pros and cons of another cut. Governor Lowe ...

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Suspected investment scammer arrested

A joint investigation between ASIC and the Victorian police has seen a man arrested for running a suspected investment scam that fleeced nearly half a ...

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Big four detail harassment complaints kept quiet

Facing pressure to take workplace harassment more seriously in the wake of the AMP scandal, the big four banks have revealed the extent to which they ...

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No board member is irreplaceable: APRA

APRA’s deputy chair has issued a warning to superannuation chairs, demanding they step up their boards, as the regulator has signalled it will work ...

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