regulation

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...

Financial planning

Stop prioritising compliance over client needs says SMSF Association

The current regulatory regime around financial planning is driving up costs by prioritising compliance and the needs of licensees over those of consumers, according to th...

Financial planning

Regulation changes named one of top business risks in Australia

Changes in legislation and regulation have been named as the one of the top business risks in Australia although the COVID-19 pandemic still remains people’s biggest worr...

Financial planning

Central message to ASIC: Give us regulatory consistency

Regulatory consistency represents one of the keys to financial advisers being able to deliver affordable advice according to key submissions filed with the Australian Sec...