Regulatory & Government

Australian Securities and Investments Commission Chairman James Shipton has stood aside and Deputy Chairman Daniel Crennan has resigned following revelations relating to relocation expenses paid to the pair...

The Australian Securities and Investments Commission has written to insurance and broking firms advising they should be ready to respond to the outcome of the NSW Court of Appeal business interruption test case...

The Federal Government’s proposed changes to the insolvency framework, which will commence on January 1 if legislation is passed, could result in an “unprecedented number of possible claim events” for trade credit insurers, Lockton Companies Australia has warned...

The Australian Securities and Investments Commission has released information sheets on new unfair contract term rules and is undertaking “targeted supervisory work” as it prepares for the start of the controversial laws...

Australian Prudential Regulation Authority Chairman Wayne Byres says increased funding from this year’s Federal Budget will help boost regulatory oversight in areas including cyber resilience as next year looms as another difficult period following the COVID-19 outbreak..

The Australian Reinsurance Pool Corporation says its financial performance last year was better than expected due to rate rises in underlying commercial insurance premiums...

New Zealand’s Commerce Commission is examining Aon’s proposal to acquire Willis Towers Watson after receiving a clearance application...

The NSW State Insurance Regulatory Authority has extended the consultation period for a review of legal support for injured people accessing compulsory third party insurance...

Collaboration between regulators and the financial institutions they oversee is critical as economies respond to and recover from the COVID-19 pandemic, the Reserve Bank of New Zealand says...