ANZ was found guilty of breaching continuous disclosure laws in October. The bank is required to pay a A$900,000 penalty plus ASIC's costs.
Australia intends to fully phase out the use of cheques by 2030, in line with the government’s strategic plan for the payments system.
APRA said multiple reviews identified deficiencies in NGS' compliance with its standards on information security.
The new legislation will require identity verification services to adhere to privacy and security standards and report breaches to the OAIC.
The strategy outlines four key themes and actions to leverage data for timely, informed and influential policy advice.
ASIC said Nomura subsidiary Instinet failed to provide clients with all necessary information about the operation of its crossing system.
ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.
The RBNZ will release a third consultation on its liquidity policy in Q2 2024 proposing simplified liquidity requirements for smaller deposit takers.
Discussion paper examines how super funds can better support members and deliver better retirement income products and services.
The new collections will include data on trustee boards, product distribution arrangements, investment governance, investment manager costs, and financial statements.
Loading more posts...
Sorry, no more posts
No more pages to load