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Jan 29 2015
South Africa is undertaking one of its most significant regulatory reforms of the financial sector, and has proposed implementing Australia’s model.
Jan 13 2015
A mainstream media figure has argued that banks and brokers must restore clarity on repayment responsibilities in light of a recent third-party scandal.
Jan 9 2015
The corporate regulator has released details of its surveillance of vertically-integrated wealth managers, revealing it is on the lookout for mis-selling and advice failures.
Jan 8 2015
Industry veteran Kym Dalton has raised concerns that APRA may have a hidden agenda that is unfavourable towards brokers as the regulator looks to tighten controls on investor lending.
Jan 8 2015
ASIC has found flaws at a business it decided to investigate after the firm hired ex-representatives of a failed financial planner.
Jan 7 2015
Eight third-party banks are set to come under regulatory scrutiny for the speed at which they’ve grown their residential investment loan book.
Dec 23 2014
Mortgage Choice has warned APRA that action against investor lending could damage Australia’s fragile economy.
Dec 12 2014
Australia’s customer-owned banks have urged the prudential regulator to implement bank capital reforms “without delay”.
Dec 9 2014
APRA and ASIC have announced a widespread investigation into interest-only loans, high LVRs and investor loans in the Australian mortgage market.
Dec 8 2014
Senior executives from Australian and international financial institutions have met with law enforcement officials and anti-fraud experts to discuss new threats to financial services.
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