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Compliance

ASIC backs simpler disclosure regime

by Nick Bendel • 17 Nov 2014
The regulator has invited the public to offer feedback on its proposed reforms, which are designed to cut red tape... READ MORE

APRA criticises banks in mortgage crash stress test

by Nick Bendel • 10 Nov 2014
That is the conclusion APRA reached after conducting a stress test of 13 Australian banks, which account for about 90... READ MORE

APRA warns industry about commissions 'risk'

by Nick Bendel • 6 Nov 2014
Mortgage broker remuneration was one of the issues that APRA discussed in its final prudential practice guide on... READ MORE

ANZ bullish about mortgages, worried about regulation

by Nick Bendel • 3 Nov 2014
The major bank reported a statutory profit of $7.3 billion for the 12 months to 30 September 2014, which represented... READ MORE

Any lending curbs won’t include 'heavy regulation': RBA

by James Mitchell • 23 Oct 2014
In a speech on Tuesday, RBA deputy governor Philip Lowe said previous experiences by the central bank to regulate... READ MORE

Is financial planning your next move?

by James Mitchell • 20 Oct 2014
The convergence story is nothing new. The finance industry has been discussing the importance of diversification for... READ MORE

Cheap money. Dirty tricks!

by Kim Cannon • 20 Oct 2014
IT’S HARD not to see the current marketing campaigns of several banks as more an attempt to appear competitive than... READ MORE

Lending curbs are nothing to fear: APRA

by James Mitchell • 17 Oct 2014
‘Macroprudential tools’ or, more simply, restricting the amount banks can lend borrowers is “normal regulation... READ MORE

ASIC links insurance non-compliance to high commissions

by Staff Reporter • 10 Oct 2014
The review found that 63 per cent of AFS licensees were compliant, while 37 per cent “failed to comply with the... READ MORE

ASIC suspends firm’s licence for compliance breaches

by Staff Reporter • 1 Oct 2014
The regulator announced yesterday that it had suspended the AFS licence of Protect Ensure until December 19. Protect... READ MORE

Mortgage fraud: It’s back!

by Reporter • 24 Sep 2014
The number of incidents of mortgage fraud have spiked significantly since The Adviser covered the issue in March last... READ MORE

ASIC celebrates low-doc success

by Nick Bendel • 24 Sep 2014
An ASIC review of 12 lenders found that lenders have tightened their low-doc lending practices since the new laws... READ MORE

ASIC announces review into self-reporting of rule breaches

by Nick Bendel • 17 Sep 2014
Deputy chairman Peter Kell said the regulator planned to conduct a review of the self-reporting of significant... READ MORE

We need more power: ASIC

by Nick Bendel • 28 Aug 2014
ASIC told the Financial System Inquiry that greater power would allow it to deliver increased competition by... READ MORE

No new regulation needed for mortgage broking: Labor Party

by Nick Bendel • 15 Aug 2014
Bernie Ripoll, Shadow Minister for Financial Services and Superannuation, said the Labor Party couldn’t see any... READ MORE
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