The government will consult with industry on alternative measures to ensure activity remains in Australia when the OBU regime ends.
March 16, 2021Credit unions, building societies will be able to raise funds without having to forego their status as customer-owned entities.
November 9, 2017Securities regulator says current maximum punishments are not sufficient as they don’t wipe out gains made from illicit activity.
October 25, 2017Restricted ADI licensees would need only $2.35mn in capital to take deposits; APRA paper does not address budget proposal to remove ‘bank’ capital requirements.
August 16, 2017The eight conglomerate groups control approximately 80 percent of APRA-regulated institutions’ assets.
August 10, 2016The Australian Prudential Regulation Authority will seek stronger powers to help it prevent distressed banks from collapsing.
October 24, 2015The Australian Prudential Regulation Authority is stepping up its attention to superannuation fund governance with increased attention to liquidity management and stress testing.
October 24, 2015Australia’s Government has announced the release of its response to the Financial System Inquiry, in which it details its acceptance of the overwhelming majority of the Inquiry’s recommendations.
October 21, 2015The Australian Prudential Regulation Authority has released a set of FAQs responding to questions raised in relation to its consultation package on super fund governance arrangements.
October 19, 2015The Reserve Bank of Australia has announced it has designated a number of card companies under the Payment Systems Act.
October 18, 2015