REGULATION

Financial planning

The Australian Securities and Investments Commission (ASIC) has commenced proceedings against financial adviser Graeme Walter Miller and his related businesses....

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Policy & Regulation

The Federal Government has accepted the majority of the Senate White Collar Crime Report’s recommendations, as it seeks to look like it’s cracking down on penalties for c...

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Policy & Regulation

The Federal Treasurer, Scott Morrison has warned the major banks against using board seats as a retirement sinecure, pointing to the Government’s willingness to fully exe...

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Policy & Regulation

The regulator has set its sights on misleading or deceptive conduct in the marketing or selling of “initial coin offerings” of digital or virtual tokens....

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Policy & Regulation

The Federal Treasurer, Scott Morrison has said that it is a matter for the Royal Commission whether the Australian Securities and Investments Commission and the Australia...

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Policy & Regulation

A letter from the Australian Information Commissioner has confirmed the existence of exploitable gaps and loopholes in the Australian financial services regulatory regime...

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Policy & Regulation

The Turnbull Government will strengthen criminal and civil penalties for corporate and financial misdeeds, following revelations of staggering misconduct in this week’s R...

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Superannuation

The impact of regulation and continuing volatility on retirement plans is prompting a growing number of self-managed super fund trustees to increase cash reserves. ...

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Policy & Regulation

The Federal Government has focused its Bank Executive Accountability Regime on the four big banks, giving smaller institutions an extra year plus more flexibility....

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Financial planning

Replacing the term ‘general advice’ represents a positive step but it may need to be replaced by multiple terms and arrangements, according to the Australian Securities a...

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Funds management

A proposal by Treasury to increase regulation for unlisted property products could lead to fewer products being available to retail investors, the Property Funds Associat...

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Policy & Regulation

In the midst of a Productivity Commission inquiry into competition in financial services, the Government has proposed measures to make the Australian Securities and Inves...

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Policy & Regulation

The voluntary approach to industry self-regulation in the life insurance industry is not working and needs compulsion....

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Life/Risk

Life insurance industry codes need to have regulatory oversight and enforceability to properly hold insurers to account, according to a report from the Parliamentary Join...

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Policy & Regulation

The Australian Securities and Investments Commission has admitted only five firms are using its so-called regulatory sandbox, with many others utilising pre-existing alte...

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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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