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Compliance

ASIC introduces short-term lending product interventions

ASIC introduces short-term lending product interventions
by • 15 Jul 2022
The order, which came into effect today (15 July), was first flagged in December last year, with ASIC releasing a... READ MORE
Feedback sought on how banks meet deceased estates obligations

Feedback sought on how banks meet deceased estates obligations
by Annie Kane • 11 Jul 2022
The Banking Code Compliance Committee (BCCC) – an independent committee that monitors and drives best practice... READ MORE
‘Broken is an understatement’: Anglicare champions tax concession reduction

‘Broken is an understatement’: Anglicare champions tax concession...
by • 11 Jul 2022
In its latest report exploring housing affordability and access in Australia, Homes for All, Anglicare Australia... READ MORE
Accountants to decline ‘capacity to repay’ requests

Accountants to decline ‘capacity to repay’ requests
by Annie Kane • 5 Jul 2022
The leaders of CPA Australia, the Institute of Public Accountants (IPA), and the Chartered Accountants Australia and... READ MORE
Assetline embraces ethical practice, signs BFO

Assetline embraces ethical practice, signs BFO
by • 1 Jul 2022
Established in 2013 partly in response to the 2008 global financial crisis, alongside concerns about industry... READ MORE
Brokers now recognised on WA Offer and Acceptance form

Brokers now recognised on WA Offer and Acceptance form
by Annie Kane • 27 Jun 2022
As of 1 July 2022, brokers will become a recognised party on the REIWA’s Standard Contract for the Sale of Land by... READ MORE
FBAA warns against merging credit licences with AFSLs

FBAA warns against merging credit licences with AFSLs
by Sarah Simpkins • 22 Jun 2022
The Australian Law Reform Commission (ALRC) started an inquiry into financial services legislation last year, aiming... READ MORE
Plug gaps in broker regulations, says MFAA

Plug gaps in broker regulations, says MFAA
by Sarah Simpkins • 21 Jun 2022
The Mortgage and Finance Association of Australia (MFAA) has made the policy suggestions in a submission to the... READ MORE
Web of definitions weighing down financial services law: ALRC

Web of definitions weighing down financial services law: ALRC
by Sarah Simpkins • 20 Jun 2022
Government agency Australian Law Reform Commission (ALRC) kicked off a review into corporations and financial... READ MORE
Tasmania’s housing legislation opens for review

Tasmania’s housing legislation opens for review
by • 9 Jun 2022
As Australians come to terms with the rising cost of living following the Reserve Bank of Australia’s second rate... READ MORE
ASIC releases estimated levy costs for 2021-22

ASIC releases estimated levy costs for 2021-22
by Annie Kane • 7 Jun 2022
The Australian Securities & Investments Commission (ASIC) has published its draft cost recovery implementation... READ MORE
Tighter bank regulations have hit shareholders, not competition: APRA

Tighter bank regulations have hit shareholders, not competition: APRA
by Sarah Simpkins • 2 Jun 2022
APRA chair Wayne Byres has considered a balance between maintaining financial stability and industry competition... READ MORE
AFCA commits to user-pays funding model

AFCA commits to user-pays funding model
by • 31 May 2022
The Australian Financial Complaints Authority (AFCA) first signalled its intention to pivot to the new model earlier... READ MORE
‘Clawback should be abandoned’: Former ASIC deputy chair

‘Clawback should be abandoned’: Former ASIC deputy chair
by Annie Kane • 25 May 2022
The former deputy chair of the Australian Securities & Investments Commission (ASIC), Daniel Crennan QC, has... READ MORE
How will Labor’s policies tackle housing affordability?

How will Labor’s policies tackle housing affordability?
by • 25 May 2022
On Monday (23 May) Anthony Albanese was sworn in as the 31st Prime Minister of Australia, alongside the first senior... READ MORE
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