All posts tagged "NAB"
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1.3KAustralia & NZAustralia Launches Open Banking Data Sharing Regime
The big four banks have opened up their deposit, transaction account, credit and debit card data for customers to share with other major banks or accredited fintech providers.
July 2, 2020 -
426Australia & NZNAB to Lift Industry Standards with Bank-Wide Education Programme
The programme, to be launched in partnership with FINSIA, will be rolled out for all of NAB's Australia and New Zealand bankers and support staff.
June 12, 2020 -
1.4KBig PictureRegulatory Initiatives to Address Culture & Conduct Risk in Banking
In its latest annual Compendium, Starling draws on survey findings and commentary from regulators to identify ten culture and conduct trends in the banking sector.
May 11, 2020 -
617Australia & NZAussie Majors to Provide Bridging Loans to Businesses Awaiting Subsidies
ANZ, NAB, Westpac and CBA have agreed to set up new dedicated hotlines and expedite the processing of bridge financing applications as businesses wait to be paid wage subsidies.
April 24, 2020 -
673Australia & NZBanks Sufficiently Capitalised to Pay Dividend, says RBA Governor
Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020 -
1.5KContributed ArticleNow More than Ever: The Need for Reliable Conduct Risk Metrics
The demands being imposed on the global banking system highlight the Achilles Heel of nonfinancial risk management and, particularly, misconduct risk, says Stephen Scott at Starling.
March 21, 2020 -
375Australia & NZAustralia: FAR Extension Out of Step with Royal Commission Proposals
The proposed extension of the Financial Accountability Regime to ASIC-regulated firms could potentially affect 53,000 small businesses, says former ASIC official Pamela Hanrahan.
March 5, 2020 -
394Australia & NZASIC Reveals Sharp Increase in Investigations Involving Major FIs
As of 1 January, ASIC had 316 investigations on foot related to misconduct. Cases involving CBA, NAB, Westpac, ANZ and AMP increased 52% from 12 months earlier.
February 27, 2020 -
386Australia & NZ
Advice Remediation at Six Biggest FIs Reaches A$750m: ASIC
NAB has paid over A$203mn to over 588,000 customers as compensation for non-compliant advice and fees-for-no-service misconduct.
February 12, 2020 -
343Australia & NZ
ASIC Bans Adviser for Bad Investment Recommendation
A former adviser of NAB-owned Godfrey Pembroke failed to act in his clients' best interests by recommending they invest in a mobile payments start-up that later failed.
January 29, 2020
