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Regulatory & Government

ASIC Chairman steps down from global role

23 May 2016

Australian Securities and Investments Commission Chairman Greg Medcraft has relinquished his role as Chairman of the International Organisation of Securities Commissions…

Company’s licence suspended over PI failings

23 May 2016

The Australian Securities and Investments Commission has suspended the financial services licence of Marigold Falconer International Limited because it does not have current professional indemnity insurance…

ICA urges caution on NSW levy transition

16 May 2016

The Insurance Council of Australia has pleaded for understanding if overcharging occurs during the phasing-out of NSW’s emergency services levy…

Workers’ comp transition looms in SA

16 May 2016

People with work-related injuries and the medics who treat them are being contacted by ReturnToWorkSA as part of a program to help some South Australians transition from workers’ compensation-funded services…

Government announces dispute review panel

09 May 2016

The Federal Government has named the independent expert panel that will review the financial system’s external dispute resolution and complaints network…

ICA welcomes disaster resilience funding

09 May 2016

More than $100 million may be available for natural disaster resilience efforts after Treasurer Scott Morrison increased funding for a national program in the budget, according to the Insurance Council of Australia…

Extra funding lifts enforcement, data analysis: ASIC

09 May 2016

Additional federal funding will enable further surveillance and enforcement in areas such as life insurance, financial planning, responsible lending and misconduct and breach reporting, Australian Securities and Investments Commission Chairman Greg Medcraft says…

NIBA issues guidance on NSW levy

02 May 2016

The National Insurance Brokers Association has provided guidance to members on the pending abolition of the NSW emergency services levy…