Regulation

The regulator’s commissioner, Sean Hughes, will end his term on 3 February 2023, ASIC has announced.

Liberal senator James Paterson has warned financial services institutions to remain vigilant amid a rise in cyber attacks and a greater number of Australians working remotely.

iSignthis’ CDR application had been rejected, the first ever from the ACCC, the regulator has confirmed.

The High Court has dismissed special leave applications by short-term lender Cigno and BHF Solutions.

While the Reserve Bank has an ‘open mind’ on Australia’s move towards a digital currency, Australians may need encouragement.

The Minister for Financial Services and Assistant Treasurer, Stephen Jones, has warned Australians of the potential risk of scams this holiday season.

The Australian Securities & Investments Commission has published a snapshot report into small amount credit lenders’ compliance with DDO obligations.

New legislation has been introduced that expands the Consumer Data Right to enable consumers to instruct lenders to initiate actions, including moving bank products, on their behalf.

Citing the slowing pace of the ABS’ consumer price index (CPI), Hayden Groves has called for the central bank to ease increases ahead of next Tuesday’s (6 December) meeting.

Anna Hughes, South Australia’s Deputy Under Treasurer, has been appointed chief executive of the Australian Office of Financial Management.