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Regulatory & Government

Brokers urged to speak out for NSW review

20 May 2019

The National Insurance Brokers Association has called for members to detail their experiences with the NSW workers’ compensation scheme, as a regulatory review examines problems highlighted by businesses…

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ASIC commits to punishment through courts

20 May 2019

Financial services providers in breach of the law will face court action under the Australian Securities and Investments Commission’s new enforcement approach…

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ASIC urged to put complaints data in context

20 May 2019

The Insurance Council of Australia says it will hear from members before responding to an Australian Securities and Investments Commission consultation on proposed new standards for the handling of customer complaints by financial companies…

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South Rockhampton flood levee talks begin

20 May 2019

Public consultation on the proposed $60 million South Rockhampton Flood Levee is under way and will continue until June 21…

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ACT passes revamped CTP laws

20 May 2019

The ACT’s no-fault compulsory third party reforms will begin next February, after the Legislative Assembly passed legislation last week…

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Data breach figures show need for staff training

20 May 2019

Companies must improve employee training and deploy better technology to prevent data breaches, according to the Office of the Australian Information Commissioner…

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ASIC warns on timings for licence changes

20 May 2019

The Australian Securities and Investments Commission has told licensees to factor in the time it may take to assess applications to cancel or vary their licences as part of any measures taken to reduce levies…

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NZ central bank begins actuary review

20 May 2019

The Reserve Bank of New Zealand has selected 15 insurers to take part in its review of the appointed actuary regime…

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