BEAR regime

Policy & Regulation

FSC warns of increased expense under Financial Accountability Regime

Experience in the United Kingdom suggests it may be a lot more expensive to recruit and retain senior executives under the Government’s proposed new Financial Accountabil...

Policy & Regulation

APRA reveals enforcement strategy terms of reference

The prudential regulator has announced the terms of reference for a review of its enforcement strategy....

Financial planning

BEAR will impact bank wealth divestments

The major banks may find themselves still subject to the Bank Executive Accountability Regime where their brand attaches to wealth and insurance businesses after partial...

Financial planning

Bank executive regime could extend to licensees, insurers

The Government is canvassing extending the Bank Executive Accountability Regime to executives within bank-controlled subsidiaries such as dealer groups, insurers and sup...