The Australian Securities and Investment Commission has asked lenders to lift their standards for interest-only mortgages, after a probe found that lending criteria do not meet their responsible lending obligations.
CFTC issues its first-ever order of exemption from registration as a derivatives clearing organisation to ASX Clear, and is now considering the same for KRX.
The Australian Securities and Investments Commission has proposed changes to its market integrity rules which would allow stock market operator Chi-X Australia to start quoting and trading warrants and exchange traded funds.
Westpac is tightening credit policies for interest-only mortgages, an area where financial regulators have raised concerns about bank underwriting standards.
The big bank lobby is refusing to fund a "last resort" compensation fund for victims of financial planners that go bust, arguing that smaller companies should fund it themselves.
The Australian Prudential Regulation Authority has released updated guidelines in relation to the use of restricted terms in banking services.
The Australian Securities and Investments Commission is being urged to crack down on the disclosure of fees by private equity firms amid fears local super funds and investors are being overcharged.
New applications halted with immediate effect, following a regulatory push to slow down such lending.
The Australian Prudential Regulation Authority may end up shutting smaller lenders out of their main funding source with its toughened stance on securitised loans.
Australia’s government will conduct the first full-scale audit of the Australian Securities and Investments Commission (ASIC) in 17 years, laying the groundwork for a major overhaul in how the corporate watchdog is funded and operated.