Commerce Minister Craig Foss has announced changes to the regulation of discretionary investment management services to help smaller financial advisers obtain the service license.
Australia’s top fund managers will lead high level discussions with South Korean officials and chief executives on how they can develop closer ties in financial services.
Australia could be forced to increase its oversight of the US$4 trillion-a-day foreign exchange market in line with tougher United Kingdom rules.
Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.
Investment data is the basis for every investment decision, financial transaction and client communication - understand, harness and unleash it.
The Australian regulator released a consultation paper proposing class order relief and guidance for foreign companies offering CHESS Depositary Interests over their shares to investors in Australia.
Australian Securities and Investments Commission (ASIC) is encouraging providers of investor directed portfolio services or so-called platforms to review ongoing compliance with class orders.
Australia’s disclosure regime ensures retail investors can trust the integrity of the market, the Australian Securities and Investments Commission (ASIC) said, although it warned companies not to become complacent.
A survey by the Financial Markets Authority has found more people are confident in New Zealand's financial markets, but half are still unsatisfied with investment material companies give clients.
Australian Prudential Regulation Authority has told banks it will stop allowing lenders to use non-recourse debt to bolster their Tier 1 capital requirements.