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Compliance
AFCA commits to user-pays funding model
by • 31 May 2022
In the wake of 60 meetings with industry bodies and members, the ombudsman’s board has agreed to a funding model...
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‘Clawback should be abandoned’: Former ASIC deputy chair
by Annie Kane • 25 May 2022
With the best interests duty now in place, clawback “should be abandoned”, Daniel Crennan QC, the former deputy...
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How will Labor’s policies tackle housing affordability?
by • 25 May 2022
As the Australian Labor Party takes the front seat, economists unpick how the raft of policy measures will combat...
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“No one left behind”: Labor sworn in
by • 24 May 2022
As Anthony Albanese gets sworn in as the 31st Prime Minister of Australia, a new suite of housing policies come to the...
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10 cyber-security questions to ask your service provider
by Annie Kane • 18 May 2022
With a new legal precedent set around how financial services companies manage cyber risks, Major General (Ret’d) Dr...
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Queensland confirms review into HomeBuilder applicants
by • 12 May 2022
The state’s Treasurer has announced that Queensland will be re-examining applications that were rejected under the...
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AFCA targets complaints without merit in new reform
by Sarah Simpkins • 10 May 2022
The complaints body has made early merit assessment a permanent feature of its process, aiming to quickly weed out...
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Lightspeed director charged $220k over credit act breach
by • 5 May 2022
The lender’s head has been found guilty of failing to give effect to AFCA determinations, thus breaching the National...
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‘Asinine’, excessive: Breach reporting regime weighs on industry
by Sarah Simpkins • 3 May 2022
A new report has warned ASIC’s breach reporting regime has taken a toll on the financial services sector in its first...
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Ex-broker escapes conviction for false statement
by • 20 Apr 2022
A former NSW-based broker has walked away from jail time after filing a false credit licence annual compliance...
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