Regulation

Mar 9 2018

ASIC has told the Productivity Commission that the comparison rates used for mortgages are “not a very good guide” for whether a rate is good or not, stating that it would be “broadly” in ...

Mar 6 2018

The regulator will consult on updated guidance for its oversight of the newly established Australian Financial Complaints Authority.

Feb 22 2018

Low interest rates have allowed Australian borrowers to build a mortgage “buffer” that could shield them from financial stress, according to Treasurer Scott Morrison.

Feb 19 2018

New ASIC chairman James Shipton has outlined some of his top priorities, including professionalism within financial advice and a continuation of his predecessor’s focus on corporate culture

Feb 19 2018

The financial services regulator has highlighted some concerns relating to the compliance processes and management of conflicts of interests at some of Australia’s credit rating agencies

Feb 16 2018

A bill to strengthen the prudential regulator’s crisis powers has received bipartisan support, passing both houses of Parliament.

Feb 14 2018

The prudential regulator will target investor and interest-only loans under its proposed capital framework after finding that these products create “potential systemic vulnerabilities” to ...

Feb 7 2018

The Australian Senate has passed the Banking Executive Accountability Regime legislation, which, as of 1 July 2018, will bolster the regulator’s powers.

Feb 7 2018

The Turnbull government’s Banking Executive Accountability Regime bill, which will equip the regulator with greater powers, has passed the House of Representatives and is expected to ease ...