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Regulation

regulation

10 June 2015 • By Tim Stewart • 1 min read

ATO extends SuperStream deadline

The Australian Taxation Office has pushed out the 30 June SuperStream deadline for mid-sized employers that are making "genuine attempts" to prepare ...

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User-pays ASIC a 'wolf in sheep's clothing'

The Financial System Inquiry's proposed user-pays funding model for ASIC would amount to "backdoor taxation", an economist has warned. In an ...

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Lloyds Banking Group fined £117 million

The UK regulator, the Financial Conduct Authority (FCA), has issued its largest ever retail fine to Lloyds Banking Group. The FCA has fined Lloyds ...

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ASIC warns banks on BBSW investigation

The big banks are deliberately delaying the corporate regulator’s investigation into bank bill swap rate (BBSW) manipulation, says ASIC chairman Greg ...

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Synthetic ETFs a 'concern', says ASIC boss

The emergence of synthetic ETFs has a "lot of parallels" with the synthetic collateralised debt obligation (CDO) market that sparked the global ...

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Govt sets deadline for FOFA 'refinements'

The Coalition will make "time-critical refinements" to the FOFA regime by 1 July 2015, says assistant treasurer Josh Frydenberg – but it will not ...

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First CBA clients receive compensation

The Commonwealth Bank's review of its financial planners' poor conduct has only seen five clients receive compensation as of 30 April 2015

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MoneyGram fined by AUSTRAC

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued the largest fine in its history to remittance provider MoneyGram

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Govt releases 2015/2016 regulatory levies

Treasury has released details of its proposed levies that will fund APRA, ASIC and the SuperStream roll-out for the 2015/2016 year. The total ...

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Govt has ‘backflipped’ on SIV rules

The new significant investor visa (SIV) rules represent a “significant backflip” by the government, and restrictions on residential property may have ...

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