Regulation

Information security at APRA-regulated entities are “ultimately” the responsibility of boards, according to the final infosec standard issued by the prudential regulator.

The government has committed $58.7 million to “strengthen” APRA’s enforcement powers after the regulator was criticised by the royal commission.

The prudential regulator has tentatively backed the use of benchmarks in mortgage assessments in its response to the royal commission’s interim report.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

APRA’s chairman has said that the financial system in Australia is fundamentally sound, but he was willing to work on improvements.

The prudential regulator has informed banks that measures underpinning the Banking Executive Accountability Regime may be “enhanced” and “built on” over time.

The Australian government has passed legislation designed to provide ASIC and the ACCC with new investigative powers to assess contract terms.

The chairman of the Australian Securities and Investments Commission has said that the corporate regulator will move forward with more “court-based litigation” against financial institutions

The prudential regulator has released a new paper to help banks meet their obligations under the accountability regime, which it hopes will “genuinely strengthen accountability and drive ...

The Australian Prudential Regulation Authority has responded to the Hayne commission interim report by saying that a good banking system is produced by good bankers and “can’t be left to ...