Brought to you by:
Fleetsure
Fleetsure

Regulatory & Government

ASIC leadership in turmoil over expenses probe

26 October 2020

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...

Read More...

Insurers, brokers told to ready for BI test case result

26 October 2020

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...

Read More...

New insolvency laws could impact trade credit insurance

26 October 2020

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...

Read More...

ASIC circulates information for UCT reforms

26 October 2020

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...

Read More...

APRA says new funding helps oversight

26 October 2020

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..

Read More...

Rising premiums give ARPC coffers a boost

26 October 2020

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

Read More...

NZ regulator examines Aon-WTW deal

26 October 2020

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

Read More...

SIRA extends time for CTP review feedback

26 October 2020

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...

Read More...

NZ regulator calls for unity to spur recovery

26 October 2020

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...

Read More...