Regulation

Lenders have received best practice guidance from the prudential regulator regarding the management of loans on repayment holidays.

The regulator has amended its prudential guidance to provide lenders with “additional flexibility” when reviewing loan terms for borrowers impacted by the COVID-19 crisis.

Th corporate regulator has issued guidance to help emerging financial services harness the federal government’s enhanced regulatory sandbox.

The stage 4 lockdown in Melbourne has prompted Treasury to revise down its forecasts for the Australian economy.

A parliamentary committee is set to scrutinise APRA and ASIC on their “performance and operation” amid the COVID-19 crisis.

Promoted by Lendi Social distancing has accelerated the uptake of digital mortgage processes by both consumers and the banks, and online home loan platform Lendi has seen demand for their ...

The corporate watchdog has permanently banned the former director of a financial services firm after he was found to have breached several of his licensing obligations.

ASIC has outlined the obligations of mortgage brokers under the forthcoming best interests duty. 

The financial services regulator has reported on decisions to grant relief for companies from provisions of the National Credit Act or the Corporations Act in a bid to cut red tape.

The corporate regulator has imposed new licensing conditions on an internationally based financial institution after it deposited funds into unauthorised accounts.