regulation

Financial planning

The ‘pincer movement’ for financial advisers

Advisers are being threatened by both increasing regulation and higher educational standards, with the Association of Financial Advisers calling for a “regulatory reset”....

Financial planning

Regulation turning advisers into ‘admin assistants’

Mounting regulation is turning advisers into “admin assistants with Government records” and Government intervention is needed to maintain limited licensees in the industr...

Policy & Regulation

APRA outlines purpose and scope of climate assessment

The regulator has outlined the purpose, design and scope of its climate vulnerability assessment to help regulated entities, including the largest banks, understand and m...

SMSF

Limited licences on SMSFA's regulatory wish list

Lowering regulation costs and an improved regulatory framework for limited licences is among the items on the Association’s regulatory wish list....

Policy & Regulation

Regulator set up to monitor ASIC and APRA

The legislation to set up the Financial Regulator Assessment Authority has passed to assist the corporate watchdog’s new chair to ensure the Australian Securities and Inv...

Policy & Regulation

FFSPs relief extended until 2023

Foreign financial services providers will continue to have relief from holding an Australian financial service licence as the deadline has been extended to 31 March, 2023...

Policy & Regulation

ASIC targets actions of activist short sellers

Avoiding emotive language and releasing short reports outside of normal trading hours are among recommendations from the Australian Securities and Investments Commission ...

Policy & Regulation

Industry needs to collaborate with regulators: ASIC

The corporate regulator has asked the industry to better help the regulators better regulate the industry....

Financial planning

APRA imposes capital increases on Macquarie Bank

The regulator has increased Macquarie Bank’s liquidity and operational risk capital requirements after the firm had “persistent difficulties” in meeting its obligations....

Financial planning

Australia needs to regulate cryptocurrency market

There are gaps in Australia’s regulation of the domestic digital assets market which will require oversight amid a renewed surge of demand for Bitcoin and other cryptocur...

Financial planning

Industry funds pursue advice modelling unconstrained by regulation

What would financial advice look like if it was unconstrained by the existing regulatory regime? The industry funds want to find out....

Editorial

Successive Govts have failed on financial planning regulation

If financial advice is to be made more affordable, the layer upon layer of financial planning regulation needs to be stripped back and the Australian Securities and Inves...

Funds management

DM and EM tech detracts from Antipodes’ performance

Antipodes is questioning the future growth of technology firms Alibaba and Facebook as both firms come under regulatory scrutiny. ...

Policy & Regulation

How much use is an AFCA review without discussion of broader costs?

The Federal Government has acted to initiate the scheduled review of the Australian Financial Complaints Authority but its terms of reference will not specifically touch ...

Policy & Regulation

ASIC asserts its reach into superannuation

On the eve of a major superannuation conference, the Australian Securities and Investments Commission has reminded superannuation fund trustees the degree to which they w...