Regulation

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.

The Department of Treasury is seeking feedback to the draft terms of reference for the APRA capability review commencing this month.  

ASIC has urged brokers and industry professionals to pay invoices covering the corporate regulator’s costs in FY2018 today to avoid penalties.

Australia’s corporate regulator will move forward with a greater focus on taking wrongdoers to court to ensure “strong public denunciation” of financial misconduct, its commissioner has said

The deputy chair of APRA has said that the “erosion” of trust in financial services entities is “very much a prudential issue”.