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Regulation

ASIC ‘troubled’ by surge in interest-only loans
5 April 2017
mortgagebusiness

The outgoing chairman of the Australian Securities and Investments Commission has said that the commission is “troubled” by the recent surges in interest-only loans.

Serviceability buffers tipped to rise in fresh APRA crackdown
27 March 2017
mortgagebusiness

Morningstar has outlined the likely action APRA will take to curb investor lending after the impact of its initial efforts to cool the market appear to be fading.

‘Regulatory risk’ bad news for LMI
14 March 2017
mortgagebusiness

Analysts expect further regulatory measures to curb investor lending will hurt LMI provider Genworth, which recently lost one of its largest clients.

Capital requirements top of APRA’s agenda
6 March 2017
mortgagebusiness

Bank capital requirements will be APRA’s main policy focus for 2017, according to chairman Wayne Byres.

APRA: Direct ‘competitive instincts’ away from investors
14 February 2017
mortgagebusiness

At the A50 Australian Economic Forum in Sydney last week, APRA chairman Wayne Byres explained the consequences for banks that exceed the 10 per cent annual growth benchmark for investor ...

APRA tipped to move on investors in May
30 January 2017
mortgagebusiness

A chief economist believes that further measures to curb investor lending could be only months away.

Trump, deregulation a boon for major banks: analyst
20 January 2017
mortgagebusiness

A Morningstar report has explained how the big four banks have benefitted from Trump’s victory in the presidential election.

Regulators tipped to probe interest-only mortgages
16 January 2017
mortgagebusiness

An MFAA member and leading property investment professional believes interest-only loans could be the next target of a regulatory crackdown.

ASIC unveils ‘regulatory sandbox’ for fintechs
21 December 2016
mortgagebusiness

The Australian Securities and Investments Commission has released class waivers to allow eligible fintech businesses to test certain services without holding an Australian financial services ...

Regulatory intensity to continue in 2017: Deloitte
16 December 2016
mortgagebusiness

Financial services companies will need to respond to the changing regulatory environment in an “agile way” as 2017 looks to be a year of embedding reforms and intensifying supervision.