ASIC will gain rule-making and enforcement powers and the ACCC arbitration powers, enabling them to enhance competition in the provision of clearing and settlement services.
March 24, 2023The CFR will monitor the fallout from the collapse of US banks through ‘intensive supervision' of Australia’s banking system.
March 17, 2023The CFR is trying to incorporate payment stablecoins into the proposed framework for SVFs. Meanwhile RBA assistant governor warns that CBDC could threaten financial stability.
December 9, 2022PPF providers are a type of stored value facility provider. The proposed changes are part of a broader review of APS 610.
November 17, 2022A CFR policy paper provides four recommendations to address de‑banking of fintechs, crypto exchanges and remittance firms.
October 4, 2022All insurers, banks and super fund trustees face liability risk if they do not disclose, address and manage the effects of climate change sufficiently.
August 26, 2022The updated version of the CORIE framework follows the CFR's endorsement of a plan for the wider rollout of the programme.
August 9, 2022APRA will not be introducing new regulatory requirements for FIs or attempting to hinder innovation. Rather, it will be asking them to closely assess and monitor new operational risks.
April 11, 2022The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.
March 22, 2022After the incident on Thursday, ASIC said it views the outage with "significant concern" due to its "significant impact" on the market, market participants and investors.
March 18, 2022