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Regulation

ASIC set to obtain new phone-tap powers
21 July 2017
mortgagebusiness

Treasury is consulting on new measures that will give ASIC access to information obtained from telecommunications interception warrants.

‘Significant opportunity’ for self-regulatory response to remuneration
21 July 2017
mortgagebusiness

There is a "significant opportunity for the mortgage industry, in consultation with government... to develop a self-regulatory response to change payments in mortgage broking", according to ...

First ASIC invoices to be issued in January
17 July 2017
mortgagebusiness

Regulated entities will be invoiced by ASIC in January 2019 for regulatory services provided by the commission for the 2017/18 financial year.

Bank CEO admits regulation has hurt consumers
13 July 2017
mortgagebusiness

As Americans brace for Trump’s vision of a deregulated banking system, US businessman and JP Morgan chief Jamie Dimon explains how regulatory imposed credit restrictions have actually hurt ...

Analysis: Could regulators trigger another crisis?
11 July 2017
mortgagebusiness

Increased regulation is a global phenomenon and a consequence of the financial crisis. But how much is too much? Could lending curbs stifle growth and create an even bigger problem?

APRA’s powers are limited, warns Byres
29 June 2017
mortgagebusiness

The prudential regulator has reminded a parliamentary inquiry that it does not have oversight of the entire Australian financial system.

Treasury proposes new ASIC licensing powers
29 June 2017
mortgagebusiness

Treasury’s ASIC Enforcement Review taskforce has asked for public submissions on its proposed changes to the regulator’s licensing powers.

ASIC cracks down on 'independently-owned' advice
27 June 2017
mortgagebusiness

The corporate regulator has released its position on whether advisers that do not meet the criteria in s923A of the Corporations Act can call themselves “non-aligned” or ...

Mortgage investors to profit from APRA curbs
16 June 2017
mortgagebusiness

Australian fund manager Merricks Capital believes Australian investors could be the beneficiaries of recent changes in loan regulation.

APRA’s investor crackdown: will it stick this time?
15 June 2017
mortgagebusiness

Regulatory measures to curb investor lending appear to be working, with the latest housing finance figures showing a further fall in April.