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Regulation

Eyes on financial stability risk as house prices rise

The prudential regulator said it is closely monitoring the risk posed by house prices overtaking wages growth to the financial system and financial stability.

Eyes on financial stability risk as house prices rise
ASIC ramps up work on cyber activity

The corporate regulator has escalated its work in monitoring cyber activity and attacks amid the rise in both cyber activity and rapid digitisation over the COVID-19 period, it said.

ASIC ramps up work on cyber activity
APRA clarifies its role under proposed credit reforms

The prudential regulator has outlined to the Senate economics legislation committee what its role will be if and when the responsible lending laws are repealed later this year.

APRA clarifies its role under proposed credit reforms
Flood victims warned about scammers

A banking association has alerted flood-impacted residents to be aware of scammers posing as organisations, and has suggested tips to avoid them.

Flood victims warned about scammers
APRA confirms treatment of SME loan schemes

APRA has stated that the federal government’s SME loan schemes can be regarded as an eligible guarantee by the government for risk-weighting purposes.

APRA confirms treatment of SME loan schemes
LATEST PODCAST: Flood relief and CBA’s new BNPL product

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Flood relief and CBA’s new BNPL product
Treasurer appoints new APRA member

The government has appointed a full-time APRA member to replace Geoff Summerhayes, while APRA has made changes in responsibilities for its members.

Treasurer appoints new APRA member
APRA to review approach to new bank licensing

The prudential regulator has launched a consultation on its updated approach to licensing and supervising new authorised deposit-taking institutions.

APRA charts ‘stronger’ approach to licensing new ADIs
APRA closes Westpac case, EU remains

APRA has closed its investigation of Westpac into possible breaches of the Banking Act 1959 in relation to allegations of breaches of anti-money laundering laws.

APRA closes Westpac case, EU remains
Senate inquiry recommends RLO repeal

The Senate economics legislation committee has recommended that the bill repealing responsible lending laws be passed.

Senate inquiry recommends RLO repeal
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