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Jan 11 2021
The corporate regulator has outlined why it chose to delay sending documents regarding its chair’s accounting expenses.
Dec 29 2020
The move to scrap responsible lending will undo all the progress made by the industry and would be a drastic step, according to Pepper CEO Mario Rehayem.
Dec 24 2020
The Consumer Data Right rules have been amended to enable more business customers of banks to use it and share their data with accredited data recipients.
Dec 16 2020
The prudential regulator will no longer require banks to retain a minimum level of earnings since the economic outlook has improved, but has warned banks to remain vigilant.
Dec 15 2020
Regional Australia Bank has become the fifth bank in Australia to attain CDR compliance to participate in open banking.
Dec 10 2020
A new framework has been launched to test the cyber resilience of financial institutions.
Dec 10 2020
The Reserve Bank of New Zealand is looking to bring in loan-to-value restrictions on “high-risk lending” from 1 March 2021 to “reduce risks to financial stability”, but the RBA has suggested ...
Dec 9 2020
ADIs are facing scrutiny of their securitisation practices after APRA identified that some have repurchased residential mortgage loans that were subject to repayment deferrals.
Dec 8 2020
Three banks and six senior banking executives have been committed to the Federal Court of Australia for trial on criminal cartel charges.
Dec 2 2020
Civil penalty proceedings have been brought against the major bank for overcharging interest on business overdraft accounts.
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