Regulation

Aug 10 2018

Australia’s corporate watchdog has joined 11 other regulators worldwide to consult on the proposed creation of a new Global Financial Innovation Network, which would act as a global fintech ...

Aug 8 2018

Former Treasury secretary John Fraser will take up a position on AMP Limited’s board from next month and acting CEO Mike Wilkins could remain in his role until the end of the year, the ...

Aug 8 2018

Integrating “corporate cops” into financial institutions is about ensuring regulators are immersed in the communities they’re regulating, federal Treasurer Scott Morrison has said.

Aug 7 2018

The government is giving ASIC a further $70 million to combat misconduct in the financial services sector, including $8 million to embed staff into the big four banks and AMP.

Jul 26 2018

An independent review of ASIC’s fee disclosure regime has recommended the establishment of a publicly accessible, searchable registry of product fees and costs.

Jul 17 2018

The removal of APRA’s “redundant” cap on investor lending is unlikely to prompt a rebound in investor credit growth amid continual softening in housing market conditions, according to a ...

Jul 16 2018

The government has announced that Treasury secretary John Fraser will resign at the end of the month and will be replaced by Scott Morrison’s former chief of staff.

Jul 13 2018

APRA has downplayed its impact on the flow of credit. But the regulator is responsible for more than it’s willing to admit.

Jul 10 2018

Australia’s regulators are being challenged in their efforts to balance financial innovation and mitigate the systemic risks that could emerge from it, an RBA assistant governor has noted