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Regulation

regulation

19 March 2015 • By Aleks Vickovich • 1 min read

Govt ups threshold for unclaimed insurance

The federal government will introduce amendments to restore the previous threshold for unclaimed bank accounts and life insurance policies, in a move ...

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Insider traders jailed for $7 million scam

A former NAB employee and a former Australian Bureau of Statistics employee have been jailed for their collaboration in a $7 million insider trading ...

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Senate proposes CAMAC shutdown

The Senate Economics Committee has supported a federal government bill to abolish the Corporations and Markets Advisory Committee (CAMAC)

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ASIC suspends custodian's licence

The corporate regulator has suspended the AFSL of wholesale service provider Dunfo Capital after it failed to comply with its obligations as a ...

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APRA boss issues warning on competition

Competition and stability are not "mutually exclusive", argues APRA chair Wayne Byres, although too much competition can be destructive

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Govt moves to finalise Investment Manager Regime

Treasury has released draft legislation that will implement the third and final element of the Investment Manager Regime (IMR) reforms. The ...

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ASIC needs a ‘big stick’: Kell

The corporate regulator cannot meet the high expectations of recent inquiries without the addition of product intervention powers to its ‘regulatory ...

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NAB executive defends leaked report

NAB Wealth group executive Andrew Hagger has told a senate committee that a damning internal review of the bank’s advice practices is in fact a ...

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APRA takes group insurance sector to task

The prudential regulator has raised concerns over a number of poor practices it has observed within the group insurance market. In a speech to the ...

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'Unethical culture' threatening industry

The CFA Institute has identified poor ethical frameworks within financial services firms as a key obstacle to restoring consumer confidence

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