regulation

Features

Laura Sullivan and Grant Holley compile seven lessons that will ensure financial firms comply with financial services laws....

Editorial

The regulators are stirring

The superannuation sector may be facing further consolidation in the wake of the further empowering of the Australian Prudential Regulation Authority, Adam Gee writes....

Financial planning

ASIC puts platforms on fee transparency notice

The Australian Securities and Investments Commission has placed the platform industry on notice around the new standards of fee transparency it will be enforcing....

Policy & Regulation

Alleged life/risk churn still on ASIC’s agenda

The Australian Securities and Investments Commission has nominated life/risk churn as an area still high on its agenda and deserving of new expenditure....

Policy & Regulation

Govt legislation misfires on share register changes

A Senate Committee has been told that imposing an email address requirement on the share registers of publicly-listed companies runs the risk of finding them all in breac...

Policy & Regulation

AMP predicts it will be a law-beaker

AMP Limited has predicted it will be an almost instantaneous law-breaker if the Government proceeds with legislation amending the Corporations Act to modernise member and...

Policy & Regulation

CEOs not convinced regulation provides value

Financial services CEOs are most concerned about sustainable growth, regulation and scrutiny, and trust, according to PwC....

Policy & Regulation

ASIC reveals the big fish who got away

The Australian Securities and Investments Commission has revealed the big insider trading fish it failed to catch for wont of an ability to phone tap the culprits....

Financial planning

Will rising regulatory costs drive out licensees?

The Association of Financial Advisers has warned the Government the growing burden of regulatory costs could see some smaller financial services licensees exit the sector...

Life/Risk

NSW Supreme Court clears up inheritance concerns over property

The Supreme Court of New South Wales has heard a case on encumbered property which was resolved against a contrary intention....

Policy & Regulation

Tough new licensing powers flagged for ASIC

Want an AFSL? Better be ‘fit and proper’. A Government taskforce is proposing tough new powers which would enable ASIC to refuse licensing to those it deems not to be ‘fi...

Features

Financial planning at another crossroad

Mike Taylor writes that the creation of the Financial Adviser Standards and Ethics Authority has brought the financial planning industry to another crossroad on its journ...

Financial planning

Bank employees union rejects ABA ‘bad apple’ protocol

The Finance Sector Union wants an independent Government regulator to handle background checks and other protocols aimed at weeding out financial services bad apples....

Financial planning

ASIC fixes full AFSL regulatory anomaly

The Australian Securities and Investments Commission has fixed a regulatory anomaly which was unjustifiably hindering full AFSL-holders in delivering tax-exempt advice....

Policy & Regulation

Bank levy gone from bad tax to secret tax

The ABA has expressed angst over the Government’s move to force the major banks’ senior executives to sign confidentiality agreements before releasing the legislation....