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APRA gears up for new data reporting era
4 April 2019
APRA

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

APRA consults on BEAR obligations for smaller ADIs
2 April 2019
APRA

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 ...

ASIC rejects criticism of new ‘mandate’
29 March 2019
James Shipton

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 ...

Treasury consults on enforcing industry codes
19 March 2019
Treasury consults on enforcing industry codes

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

Treasury seeks feedback on APRA review
18 March 2019
APRA

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

Final day to pay ASIC invoices before penalties apply
15 March 2019
Invoice

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

ASIC to focus on ‘public denunciation’ of misconduct
28 February 2019
ASIC

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

Erosion of trust a prudential issue: APRA
28 February 2019
APRA

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

APRA ‘will not be a police force’, says chairman
25 February 2019
APRA

The chair of APRA told senators that despite new enforcement powers, the authority will remain, at its heart, a prudential regulator.

ASIC alludes to criminal proceedings
22 February 2019
ASIC

In its update on the implementation of Commissioner Hayne’s recommendations, the corporate regulator has hinted that it is investigating 13 specific referrals.