Regulation

The Treasury has proposed new changes aimed at enhancing consent and transparency within the CDR framework for the non-bank sector.

The corporate regulator will focus on protecting vulnerable consumers and small businesses, as part of its corporate plan.

The new commissioners will join the regulator from CHOICE, CBA, and the Commonwealth Treasury.

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of financial assets, the pilot report has revealed.

The federal Treasurer has addressed the criticisms aimed at union representatives being appointed to the central bank’s board.

Submissions regarding the HAFF Bill’s second referral to the economics legislation committee will shut next week.

AMP has reached an agreement to settle a shareholder class action, ahead of a three-week trial.

The national cabinet has agreed to an updated target of 1.2 million new homes over five years.

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking businesses.

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.