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Aug 10 2022
The government has commenced a review of the financial services regulator’s funding model.
Aug 4 2022
Scams involving investor bonds tripled during the first six months of the year, with rising interest rates tipped as one explanation.
Aug 1 2022
The watchdog has utilised its design and distribution obligations powers for the first time, placing interim stop orders on three financial firms.
Jul 26 2022
Wayne Byres has announced his intention to step down from his role as chair of the prudential regulator from October.
Jul 20 2022
Members of the banking and broking industry have welcomed the Assistant Treasurer's confirmation that responsible lending obligations will not be repealed.
Jul 18 2022
New Zealand’s central bank has issued a formal warning to Bank of New Zealand over its failure to correctly report the location of 50,000 cash transactions.
Jul 13 2022
The Bank of Queensland has paid a penalty of $133,200 for allegedly breaching the consumer data right rules by failing to provide a service enabling consumers’ data to be shared.
Jul 12 2022
Labor was “gob-smacked” with proposals to repeal responsible lending obligations, with Stephen Jones MP saying the Albanese government will not be revisiting the matter.
Jul 4 2022
The retail credit association’s next chief executive has been revealed, with chair Peter Wilson appointing Elsa Markula to the role.
Jun 27 2022
APRA has told the banks how they need to treat the reporting and risk management for loans under the government’s expanded Home Guarantee Scheme.
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