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Regulation

regulation

06 November 2023 • By Jon Bragg • 1 min read

ASIC takes action against super fund over complaints handling

The regulator alleges that the fund has failed to comply with internal dispute resolution requirements. On Monday, the Australian Securities and ...

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ASIC investigation into collapsed investment scheme leads to criminal charges

Multiple charges have been laid following an ASIC investigation into the collapse of the Sterling First group of companies. Three men connected to ...

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Government consults on ‘ambitious and comprehensive’ sustainable finance strategy

The government has identified the immediate investments and reforms it sees as being most important for supporting sustainable finance in Australia

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‘We’re no basket case’: Former chair backs ASIC record

Giving the corporate watchdog “unlimited resources” or “doubling” its budget would be unwise, the former chair has told the Senate as part of a probe ...

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RBA must hike rates to ‘bring down inflation faster’: IMF

The International Monetary Fund has called for further monetary policy tightening in Australia to bring “high and persistent” inflation back down to ...

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APRA urges super trustees to address ‘critical shortcomings’

The prudential regulator has laid out its priorities for the super industry. The deputy chair of the Australian Prudential Regulation Authority ...

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Aussie funds management industry ‘missing out’ on global opportunity

A new report has made recommendations aimed at improving the competitiveness and attractiveness of the local funds management industry globally

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Decisive inflation data revealed as RBA decision looms

The Australian Bureau of Statistics has released its latest inflation figures. The Consumer Price Index (CPI) lifted 1.2 per cent during the ...

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Court dismisses ASIC case against super trustee

The regulator has indicated that it is carefully reviewing the judgment. On Tuesday, the Federal Court found that superannuation trustee Diversa ...

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US financial sector flags commercial real estate risks

The commercial real estate sector has been named among four risks to US financial stability in the Federal Reserve’s latest biannual update

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