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The prudential regulator has announced the terms of reference for a review of its enforcement strategy....
INDUSTRY NEWS
The Australian Labor Party’s negative gearing restrictions would apply across the board to all investments, according to the Tax Institute....
INDUSTRY NEWS
The Tax Practitioners Board has revealed it currently has around 400 current investigations into tax practitioners, as the Federal Court upholds its decision to ban a for...
INDUSTRY NEWS
At least one responsible manger within advice licensees will need to have passed the adviser exam and have a relevant degree qualification under new proposals being pushe...
INDUSTRY NEWS
The Australian prudential regulator has finalised the standard aimed at combating the threat of cyber attacks....
INDUSTRY NEWS
Urgent reform is needed to prevent insurers unfairly denying claims, according to the Australian Lawyers Alliance. ...
INDUSTRY NEWS
AMP Limited and the major banks together with the regulators will be the focus of attention during the next round of Royal Commission hearings....
INDUSTRY NEWS
The Federal Court has imposed a new obligation on Australian Financial Services licensees to ensure they take ‘reasonable steps’ to stay in line....
INDUSTRY NEWS
The Australian Financial Complaints Authority has suggested to the Royal Commission that Australian licensees should be made to emulate the United Kingdom with respect to...
INDUSTRY NEWS
The Morrison Government has reappointed Australian Prudential Regulation Authority (APRA) chair, Wayne Byres, for five more years and committed $58.7 million of new fundi...
INDUSTRY NEWS
A Melbourne-based financial services and credit business has been ordered by the Federal Court to pay penalties of just under nine million for multiple breaches of obliga...
INDUSTRY NEWS
The Queensland Supreme Court has made ex parte orders regarding the Goldsky Global Access Fund, following an investigation by ASIC in which it was assisted by its America...
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...