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Regulatory & Government

ASIC says burden eased in breach reporting guidance

13 September 2021

The Australian Securities and Investments Commission has released finalised guidance for breach reporting obligations after making some changes resulting from industry feedback...

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Allianz and subsidiary hit with $1.5 million penalty

13 September 2021

The Federal Court has ordered Allianz Australia and its subsidiary AWP to pay $1.5 million in penalties for mis-selling travel insurance policies through Expedia websites...

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ASIC enforcement work secures $29.6 million in civil penalties

13 September 2021

The corporate regulator has provided a half-year update of its enforcement work, including about $29.6 million in civil penalties imposed by the courts as a result of actions it has taken on compliance failures...

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APRA's COVID response backed by insurers

13 September 2021

The Australian Prudential Regulation Authority’s 2021 Stakeholder Survey reveals measures brought in to address risks from COVID have been given the thumbs up by insurers and other regulated financial service entities...

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SIRA and icare grant $9.6 million to injury research centre

13 September 2021

SIRA and icare have jointly granted $9.6 million over five years to the John Walsh Centre for Rehabilitation Research to help improve life for people living with injury-related disability...

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New Zealand regulator appoints new CEO

13 September 2021

Samantha Barrass has been appointed CEO at New Zealand’s Financial Markets Authority, effective in January...

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Members of ASIC, APRA oversight group appointed

13 September 2021

The Federal Government has appointed the inaugural members of the Financial Regulator Assessment Authority, which is tasked with reviewing and reporting on Australia’s twin watchdogs...

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