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Regulatory & Government

New approach for NZ financial regulators

19 August 2019

The New Zealand Council of Financial Regulators is establishing a new vision to better coordinate financial system regulation and more effectively recognise the specific responsibilities of its member agencies...

Stronger codes vital, says APRA chief

12 August 2019

Stronger industry codes of practice are needed to improve financial services’ self-regulation following recent failures, Australian Prudential Regulation Authority Chairman Wayne Byres says...

$5 million helps workers get back to work

12 August 2019

icare’s venture arm icare Foundation is awarding $5 million to eight organisations to help injured workers overcome complex barriers in returning to work...

Hayne updates target transparency

05 August 2019

A House of Representatives committee inquiry into the progress financial services companies are making on Hayne royal commission reforms will increase transparency, Treasurer Josh Frydenberg says...

Brumby offsider to head Cladding Safety Victoria

05 August 2019

Dan O’Brien, once chief of staff to former Victorian premier John Brumby, has been appointed CEO of Cladding Safety Victoria as the state undertakes a $600 million program of rectification works on hundreds of buildings...

Finserv ombudsman is AFCA’s new deputy chief

05 August 2019

The Australian Financial Complaints Authority has promoted Dr June Smith to deputy Chief Ombudsman. She was previously Lead Ombudsman Superannuation, Advice, Investments and Life Insurance...

APRA takes aim at financial incentives

29 July 2019

The Australian Prudential Regulation Authority plans to limit the focus on financial performance benchmarks in corporate incentive packages as it seeks to elevate the importance of culture and customer outcomes...

ASIC weighs wider clampdown on cold calling

22 July 2019

The Australian Securities and Investments Commission is seeking feedback on whether its proposed ban on unsolicited phone sales for consumer credit insurance and life insurance should apply more widely...