The first four hubs were opened in November 2020. The second phase of the regional banking hubs trial will see four more hubs open.
FSCP sitting panels will comprise an ASIC staff member as chair and at least two external members from the FSCP's pool of industry participants.
Members of the new institute will deliver recommendations to NZX on its rule settings and CG Code to further enhance listed companies' corporate governance practices.
Reported losses suffered by Australian victims of imposter bond scams increased by 265% to A$20mn in H1, compared to the same period last year.
Survey responses from banks. insurers and super funds shows are "encouraging". A key area for improvement is metrics and targets.
Accenture to provide an independent review of the new CHESS application and help ASX determine a new launch schedule.
The extension has likely been announced to allow the new government time to consider legislative reforms for foreign financial services providers.
Australia may see a shift away from BBSW to AONIA for products like cross-currency swaps and multi-currency lending facilities, says CBA's Pieter Bierkens.
APRA proposes to update its prudential standard governing strategic planning and member outcomes in superannuation, just 2.5 years after it took effect.
Three firms are required to temporarily stop offering their products to consumers due to deficiencies in their target market determinations.
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