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regulation

05 May 2015 • By Reporter • 1 min read

ASIC repeals market integrity rules

ASIC has repealed a select number of obligations under the regulator's market integrity rules. Four regulatory guidelines have been repealed to ...

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WealthSure enters new EUs with ASIC

ASIC has accepted new enforceable undertakings from WealthSure and a related entity following a corporate restructure and acquisition by a fellow WA ...

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AMP overhauls insurance remuneration

AMP has moved to a hybrid commission model for life insurance products, in a move its chief executive hopes will help “restore consumer confidence” in ...

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'Devil in the detail' on MIT tax reform

Treasury's proposed changes to the taxation of managed investment trusts must take into account "transitional arrangements, financial costs and ...

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Financial services export on Budget agenda

Treasurer Joe Hockey has described the export of financial services to Asia as Australia's "greatest ever opportunity" ahead of his upcoming federal ...

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Deutsche Bank hit with US$2.5bn in fines

Authorities from the United Kingdom and the United States have issued Deutsche Bank a number of fines totalling US$2.5 billion for manipulating its ...

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Xenophon proposes victims' compensation scheme

Independent senator Nick Xenophon has called for a statutory compensation scheme to assist the victims of poor financial planning. In a statement ...

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CBA forced to revisit advice compensation

CBA will offer independent reviews to 2,740 financial planning clients following the release of an ASIC-commissioned report. Almost 3,000 former ...

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ANZ wealth boss grilled on Prime Access

ANZ has terminated 16 financial advisers over the past 12 months, including two who actively misled the bank’s internal investigation into the Prime ...

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ASIC looks to repeal class orders

ASIC is seeking industry feedback on its proposal to repeal 59 class orders due to expire between 2015 and 2022. The corporate regulator has ...

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