30 March 2005
ASIC says it won’t release any of the findings into its investigation into brokers’ remuneration practices until the end of April, despite originally saying it would make a statement…
30 March 2005
ASIC has imposed an eight-year prison term on a former NSW-based financial adviser…
30 March 2005
Three former builders’ warranty providers have been banned from providing any financial services, following an investigation by ASIC…
15 March 2005
The Australian Securities and Investments Commission will split the roles of departing Executive Director of Financial Services Regulation Ian Johnston…
15 March 2005
Australasian financial services group Tower is likely to have to pay about $1 million in compensation for a series of administration errors…
15 March 2005
The Australian Prudential Regulation Authority has disqualified former FAI Insurance executive Roger Colomb from acting as a director or senior manager…
08 March 2005
The Australian Prudential Regulation Authority has commended the general insurance industry for its efforts in submitting data to the new National Claims and Policies Database…
08 March 2005
With the announcement last week that Executive Director of Financial Services Regulation Ian Johnston is to quit ASIC, the hunt is on in earnest for his replacement…
08 March 2005
APRA has disqualified former HIH Deputy Chairman Charles Abbott from being or acting as a director or senior manager of a general insurer…
08 March 2005
US billionaire and business guru Warren Buffett’s company Berkshire Hathaway may be accused of playing a part in the collapse of HIH…
08 March 2005
Sydney businessman Brad Cooper has pleaded not guilty to 13 charges when he appeared in Sydney’s Supreme Court on Friday…
01 March 2005
Just months ahead of the launch of the new General Insurance Code of Practice – the latest estimate says it’ll be June – ASIC has released a new policy statement…
01 March 2005
Australian companies with captive general insurance subsidiaries will be exempt from prudential regulation under a new Australian Prudential Regulation Authority proposal…
22 February 2005
Australia and New Zealand have agreed to establish a trans-Tasman council for the banking sector, with a similar move for the insurance industry not far off…
22 February 2005
Reports by mainstream media that the Australian Prudential Regulation Authority is no longer a “toothless tiger” because of its dealings with those involved with the HIH collapse…
15 February 2005
Intensive lobbying by associations like NIBA and other intermediary representatives are beginning to be heard in Canberra…
15 February 2005
The Australian Prudential Regulation Authority (APRA) has disqualified another individual linked with the FAI/HIH saga, and indicated more disqualifications are on the way…
08 February 2005
The Federal Government plans to introduce criminal penalties for serious cartel conduct…
08 February 2005
All is not going as it should for the Australian Prudential Regulation Authority as it tries to collect data for its new national claims and policies database…
01 February 2005
While most of the financial services sector was on summer leave some insurance industry people were working hard on submissions to the regulator, which is investigating broker practices…