All posts tagged "ABA"
-
668Australia & NZAustralian Regulators Call for Action to Regulate Crypto Sector
The RBA's Philip Lowe, ASIC's Joe Longo and APRA's Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.
March 18, 2022 -
585AML / KYCASIC Facing Resistance from Banks on Anti-Scam Measures – Report
ASIC reportedly decided against including scam prevention as part of its ePayments Code review as a result of "fierce pushback" from major banks.
February 9, 2022 -
177Australia & NZABA Rolls Out New Guidance on Providing Hardship Assistance
Some banks, such as Westpac, have already begun to implement practices within the guideline. Others will roll out the practices over the next 12 months.
November 2, 2021 -
278Australia & NZAPRA Issues Response on Bank Data Disclosure Regime
APRA will disclose entity-level financial position and performance data on a quarterly basis in a new publication that will launch in Q1 2023.
September 5, 2021 -
247Australia & NZ
ASIC Offers Guidance on Deferred Sales Model for Add-on Insurance
Starting on 5 October, a four-day pause will be introduced between the sale of a principal product or service and the sale of add-on insurance.
August 2, 2021 -
211Australia & NZ
ABA Commissions Review of Banking Code of Practice
The review seeks input on whether CDR laws provide adequate data protection and how effective the Code has been in supporting consumers during Covid-19.
July 13, 2021 -
195Australia & NZ
Australia Commences New Debt Management Licensing Regime
Providers of debt management services including debt negotiation or credit repair services must obtain a credit licence to continue operating.
July 8, 2021 -
633Australia & NZ
Australia to Require Debt Management Firms to Be Licensed
Firms providing debt management services need to apply to ASIC for a credit licence and become a member of AFCA by 30 June 2021.
May 10, 2021 -
224Australia & NZABA Updates Guidelines on Preventing Elder Abuse
The ABA is calling on governments across Australia to establish consistent power of attorney laws across the country and a national POA register.
April 7, 2021 -
391Australia & NZAustralia Announces Expansion of SME Loan Guarantee Scheme
The government will guarantee up to 80 percent of the loans under the scheme, while also increasing the loan limit and allowing larger businesses to also benefit.
March 12, 2021
