Regulation

The trusted adviser model in open banking should be expanded to enable loan processors and practice managers to receive data, AMP Advice’s Phil Quin-Conroy has said.

The CFR has maintained that APRA’s serviceability buffer of 3 per cent remains appropriate in the current economic climate.

The prudential regulator has warned banks that lenders with higher volumes of lending exceptions will be faced with “heightened supervisory attention”.

Australia’s financial system regulators have flagged the security risks posed by rapidly evolving artificial intelligence technologies but revealed they’re exploring ways to leverage AI to ...

Several non-major lenders have welcomed the government’s updated expectations for the prudential regulator, stating they will help create a more even playing field for smaller players.

The government will phase out cheques from the financial system by 2030, as part of an overhaul of the payments system.

The regulator has lifted the stop order on a lenders' BNPL products after it addressed the raised concerns.

The non-major bank has entered into two voluntary enforceable undertakings, one relating to issues with its anti-money laundering and counter-terrorism financing program and another to ...

The Reserve Bank of New Zealand will ease rules limiting new lending to home loan borrowers with small deposits.

A new bank has been formed after the prudential regulator has granted it a full banking licence without restrictions.