Regulation

Aug 20 2019

The financial services regulator has reported a 216 per cent increase in wealth management investigations since July 2018, as the fallout from the banking royal commission continues.

Aug 14 2019

While the Australian economy faces “challenges”, the federal Treasurer and deputy leader of the Liberal Party, Josh Frydenberg, has noted that the current low interest rate environment ...

Aug 13 2019

An amendment to ASIC’s responsible lending guidance to allow lenders to consider changes to a borrower’s spending habits has been dismissed during the regulator’s first round of hearings

Jul 24 2019

The prudential regulator has proposed new standards designed to strengthen remuneration requirements across the financial sector.   

Jul 23 2019

The Consumer Data Right will “give customers more power” and strengthen competition in the marketplace, the Treasurer has said, ahead of the federal government’s second attempt to enshrine ...

Jul 22 2019

Wayne Byres has addressed concerns about the leadership of APRA, following the release of the APRA Capability Review that flagged shortcomings in APRA’s internal culture, regulatory approach ...

Jul 17 2019

The APRA Capability Review has been released, outlining that while the regulator has been “an impressive and forceful regulator”, it should look to expand and grow, including by increasing ...

Jul 12 2019

Westpac has painted a condemnatory picture of its own governance, accountability and culture processes in a newly released self-assessment that was submitted to APRA.

Jul 1 2019

Join Annie Kane and Charbel Kadib as they kick off the new financial year and discuss the new code of banking practice.