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Compliance

MFAA welcomes DDO changes

MFAA welcomes DDO changes

by Annie Kane • 13 Aug 2021
The broker association has welcomed Treasury’s move to amend mortgage broker obligations under the design and... READ MORE
Treasury to amend DDO requirements

Treasury to amend DDO requirements

by Annie Kane • 12 Aug 2021
The government will change broker obligations under the design and distribution obligations regime, following... READ MORE
Association working to ‘fix’ reference checking laws

Association working to ‘fix’ reference checking laws

by Annie Kane • 5 Aug 2021
The MFAA has been working with Treasury to “fix” reference checking legislation and make other incoming regimes... READ MORE
Loyalty tax issue flagged to MPs

Loyalty tax issue flagged to MPs

by Malavika Santhebennur • 2 Aug 2021
Brokers are key to holding lenders to account to ensure borrowers are on a competitive rate and avoid being “loyalty... READ MORE
Governments extend COVID support to NSW, Vic

Governments extend COVID support to NSW, Vic

by Sarah Simpkins • 29 Jul 2021
The state and federal governments have offered support packages to businesses across NSW and Victoria, as Sydney has... READ MORE
Millennials call for more housing regulation

Millennials call for more housing regulation

by Malavika Santhebennur • 28 Jul 2021
A survey has revealed that almost three-quarters of Millennials said they believe the housing market needs more... READ MORE
MyBudget scrambles for AFS licence after ASIC probe

MyBudget scrambles for AFS licence after ASIC probe

by Sarah Simpkins • 20 Jul 2021
Budgeting provider MyBudget has applied for an Australian financial services licence, after a recent ASIC... READ MORE
AMP dodges criminal charges in fees-for-no-service investigation

AMP dodges criminal charges in fees-for-no-service investigation

by Sarah Simpkins • 19 Jul 2021
ASIC has decided to end an investigation into alleged criminal conduct by an AMP financial advice business, relating to... READ MORE
Government releases new compensation legislation for consultation

Government releases new compensation legislation for consultation

by Annie Kane • 16 Jul 2021
The Morrison government on Friday released exposure draft legislation to establish the compensation scheme of last... READ MORE
Debt management ACL regime begins

Debt management ACL regime begins

by Malavika Santhebennur • 7 Jul 2021
ASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance... READ MORE