AMG MySuper failed the test for the third consecutive year; 96 trustee-directed products also failed the test.
NPCI and Payments NZ are in early discussions regarding the use of the UPI system to establish a cross-border payment link.
The Consumer Data Right regime will apply to the non-bank lending sector in stages, starting from 1 November 2024.
APRA will explore how shocks may be mitigated or propagated by interactions between banking, insurance, and superannuation.
Australia is stopping work on its business registers modernisation programme due to its excessive cost and expected time-to-completion.
ASIC will target scams, digitally-enabled misconduct, predatory lending, and greenwashing, while also "closely monitoring" the use of AI.
ANZ and Suncorp filed separate applications to the Australian Competition Tribunal seeking a review of the ACCC’s decision.
The New Zealand and US sanctions coincided with Ukrainian Independence Day on 24 August.
APRA's Therese McCarthy Hockey said additional capital requirements will be imposed on entities found to be "significantly wanting" in compliance.
RBNZ's Kate Le Quesne said the new connected exposures policy aligns with the capital adequacy framework and supports financial stability.
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