All posts tagged "Royal Commission"
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389Australia & NZAnother Australian Neobank Announced Decision to Close
The SME-focused Judo Bank is the only neobank in Australia which continues to run independently after listing on the ASX last year.
June 30, 2022 -
378Australia & NZAustralia: Allianz, AWP Plead Guilty for Making False Statements
Charges were filed against Allianz Australia Insurance and AWP Australia in February last year.
June 20, 2022 -
379Australia & NZAustralia: New Govt to Push Ahead with BNPL, Crypto Regulation
The government will also continue a consultation process started by Josh Frydenberg on a regulatory framework for the crypto sector.
June 15, 2022 -
284Australia & NZASIC Issues Guidance on Financial Adviser Warnings, Reprimands
ASIC can issue a warning or reprimand to a financial adviser in circumstances where it does not plan to take stronger enforcement action.
June 13, 2022 -
476Australia & NZAustralian Court Orders Super Trustee to Pay A$20m
Aware Financial Services Australia charged over 25,000 customers over AUD 50 million in fees for financial services it did not provide.
February 23, 2022 -
581Australia & NZAustralia to Ease Regulatory Requirements for Financial Advisers
The government proposes to recognise on-the-job experience as meeting financial adviser education requirements. It will also review ways to simplify other compliance obligations.
December 31, 2021 -
458Australia & NZASIC Files Proceedings Against ANZ Over Unpaid Benefits
ANZ and ASIC have filed a statement of agreed facts and admissions with the court and agreed on a proposed penalty of AUD 25 million.
December 10, 2021 -
260Australia & NZ
ASIC Set to Undergo First Review by New Monitoring Body
The new Financial Regulator Assessment Authority will assess ASIC’s effectiveness and capability including in its surveillance and licensing functions.
December 7, 2021 -
261Australia & NZ
ASIC Sues ANZ Over Home Loan Introducer Programme
ASIC says ANZ breached credit laws by accepting customer information and documents from unlicensed individuals, some of which was fraudulent.
November 27, 2021 -
191Australia & NZAPRA Finalises New Standards on Insurance in Superannuation
In preparation for the 1 July 2022 effective date, APRA "encourages trustees to reassess their insurance arrangements and strategy, risk and compliance frameworks”.
November 17, 2021
