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Winds of change

by Annie Kane • 5 Apr 2019
More than 15 months after the letters patent outlined the remit of the Royal Commission into Misconduct in the... READ MORE

ASIC’s new product intervention powers becomes official

by Tas Bindi • 5 Apr 2019
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 has... READ MORE

ASIC to recover $5.6m from credit intermediaries

by Annie Kane • 1 Apr 2019
As part of the Australian Securities & Investments Commission’s (ASIC) cost recovery implementation statement... READ MORE

Trail book scammer jailed

by Annie Kane • 28 Mar 2019
Mark William Whittingham had pleaded guilty to a total of 16 charges of “obtaining financial advantage by... READ MORE

Shadow treasurer says government has ‘got it wrong’ on trail

by Annie Kane • 26 Mar 2019
Speaking at the AFR Banking & Wealth Summit this morning (26 March), Chris Bowen, shadow treasurer and federal... READ MORE

AFS licences revoked after firms failed to join AFCA

by Reporter • 25 Mar 2019
The Australian Securities and Investments Commission (ASIC) has revoked the licences of two NSW-based accounting... READ MORE

Hayne’s remuneration recommendations ‘contradictory’

by Tas Bindi • 25 Mar 2019
Speaking to The Adviser, HashChing COO Siobhan Hayden pointed out that, on the one hand, commissioner Kenneth Hayne... READ MORE

Regulators dismiss Hayne’s call for change to SME definition

by Reporter • 21 Mar 2019
In its quarterly statement, the Council of Financial Regulators (CFR) — made up of the Australian Prudential... READ MORE

Industry welcomes government’s trail decision

by Annie Kane • 13 Mar 2019
On Tuesday (12 March), Treasurer Josh Frydenberg announced that “following consultation with the mortgage broking... READ MORE

Treasurer delays trail abolition date

by Annie Kane • 12 Mar 2019
In an announcement on Tuesday (12 March), Treasurer Josh Frydenberg said that “following consultation with the... READ MORE

Outside looking in

by Tas Bindi • 11 Mar 2019
Recent events in the financial services industry, such as the Hayne royal commission and other inquiries, are... READ MORE

Mortgage broking at ‘a juncture in its history’: ASIC

by Annie Kane • 28 Feb 2019
Speaking at the Australian Mortgage Innovation Summit 2019 on Wednesday (27 February), Michael Saadat, executive... READ MORE

AFCA to consider historical cases from July

by Reporter • 21 Feb 2019
The Australian Financial Complaints Authority has welcomed the government’s decision to extend its remit to... READ MORE

MPs slam call to ban upfront commissions

by Charbel Kadib • 14 Feb 2019
Addressing the House of Representatives following the release of the standing committee on economics’ fourth report... READ MORE

Netherlands model was ‘a failure’: Sam White

by Annie Kane • 13 Feb 2019
In his final report for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services... READ MORE
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