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Regulatory & Government

ICA calls for levy monitor role to be reconsidered

13 August 2018

The Insurance Council of Australia has called for the NSW Government to reconsider the continuing role of the Emergency Services Levy Insurance Monitor…

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Elders pair banned after QBE uncovers crimes

13 August 2018

Two Elders Insurance brokers have been permanently banned by the Australian Securities and Investments Commission after being convicted of fraud and theft.

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NSW cracks down on cladding

13 August 2018

NSW will ban the use of dangerous cladding on high-rise buildings this week, following public submissions by the state’s Commissioner for Fair Trading…

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Regulatory burdens stifle innovation: ICA

13 August 2018

Increased regulatory requirements are holding back industry innovation as insurers expend more resources on compliance, the Insurance Council of Australia has warned a federal parliamentary committee…

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Driverless vehicle study flags ‘profound benefits’, challenges

13 August 2018

Infrastructure Victoria has published a study on the potential economic impact of autonomous vehicles, including health, environment, land use and road use findings…

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FMA ‘losing patience’ on conduct

13 August 2018

New Zealand’s Financial Markets Authority has warned the industry to improve governance practices and root out misconduct and conflicts of interest…

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ASIC secures $70 million funding boost

13 August 2018

The Australian Securities and Investments Commission will receive an extra $70.1 million to help combat misconduct…

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ASIC forces $250 million in H1 compo

13 August 2018

The financial services sector paid nearly $257 million in compensation and remediation to consumers and investors in the first half of this year…

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NIBA seeks feedback on aviation framework

13 August 2018

The National Insurance Brokers Association wants members to provide feedback to the Government’s review of the civil aviation insurance and liability framework…

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ASIC helps consult on global fintech network

13 August 2018

Financial regulators are consulting on creating a global innovation network to promote fintech collaboration and testing…

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