AFCA has received more than 3,300 complaints against BNPL providers since 2018. ASIC supports regulating BNPL under the National Credit Act.
February 17, 2023The legislation will bring BNPL products under the FCA's regulatory remit, and require BNPL providers to conduct affordability checks.
February 15, 2023The ABS Culture and Conduct Steering Group will seek to further build trust by strengthening digital banking security and highlighting banking practices that may compromise consumers.
February 14, 2023The rules will implement the requirements of the Financial Products and Services Consumer Protection Act, which passed in May last year.
January 31, 2023A SEBI official said many whistleblower complaints are frivolous, mischievous or aimed at settling personal scores.
December 12, 2022The BSP will be able to adjudicate cases involving financial transactions that are of civil nature and order reimbursements up to PHP 10 million.
December 4, 2022IOSCO report proposes seven sound practices for regulators to consider when designing financial and investor education initiatives, particularly during periods of crisis.
December 3, 2022The CSRC said the enhancements will make it easier for investors to report issues they encounter and improve processing speed and efficiency.
November 8, 2022The consultation is gathering views on data quality issues in the CDR ecosystem, the harms they cause, and ways to address them, including through enforcement.
November 4, 2022The firms misused the wholesale investor exclusion to extend offers to people with little or no investment experience.
October 24, 2022