Regulation

It would be “dangerously naive” to expect the operating environment to “go back to normal” once the COVID-19 crisis abates, APRA chair Wayne Byres has warned.

Prudential regulations in the financial services sector have been a “virtue” that has allowed banks to play a “shock-absorbing” role during the COVID-19 crisis, APRA chair Wayne Byres has ...

The three-stage easing of social distancing restrictions will provide an immediate boost to GDP, the Treasurer has said.

The prudential regulator has eased its responsible lending guidance around the changing of loan terms for existing mortgage customers amid the COVID-19 crisis. 

The coronavirus restrictions could cost the economy $4 billion for every extra week they remain in place, Treasurer Josh Frydenberg said, predicting a significant drop in GDP of 10 to 12 per ...

Almost $13 million in civil penalties were imposed and 279 criminal charges laid in the second half of 2019 off the back of enforcement action from ASIC.

The banking regulator has announced new reporting requirements for lenders participating in the government’s SME finance scheme.

The financial services regulator has revealed which projects it will be deferring to focus on the impact of COVID-19, including several mortgage data projects.

The regulator has announced a range of changes to the reporting obligations of ADIs and RFCs, including the extension of BEAR compliance deadlines from 14 to 30 days.

The regulatory approach to the RBA’s recently announced term funding facility, which aims to incentivise lenders to continue to supply business finance, has been revealed by APRA.