Regulation

The corporate regulator’s new product intervention powers have been welcomed by the CEO of the Financial Rights Legal Centre, in the hope that they’ll protect borrowers from credit law ...

The corporate regulator is seeking feedback on its newly-proposed internal dispute resolution rules on how financial services firms should handle customer complaints, including those on ...

The corporate regulator has issued guidance to financial services and credit licensees bound by industry funding obligations.  

Banks have a “social and economic responsibility” to maintain the flow of housing credit, Treasurer Josh Frydenberg has said, amid continued concerns over the impact of tighter lending ...

APRA has revealed its plan to take a “constructively tough” approach to enforcement, including using the full range of its powers to address prudential risks and misconduct.

Alternative lenders need to self-regulate “aggressively and quickly” or risk government stepping in and regulating the industry, the small business ombudsman has warned.

The prudential regulator has provided an update on how it will carry out the implementation of a new data reporting system.

APRA has launched a four-week consultation on how the BEAR applies to variable remuneration arrangements for small to medium-sized ADIs and has appointed Vizor to lead the transformation of ...

Chair of the corporate regulator, James Shipton, has addressed “push back” from ASIC’s “clear mandate” to use its new enforcement powers to monitor and penalise financial institutions for ...

The government has launched a consultation on making industry codes, such as the ABA’s banking code, legally enforceable.