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Compliance

David Locke

AFCA complaints top 100k for second consecutive year

by Will Paige • 23 Jul 2025
The financial complaints body has received more than 100,000 complaints for the second consecutive financial year. READ MORE

ASIC launches review into debt management and credit repair

by Annie Kane • 22 Jul 2025
The debt management and credit repair sector is being probed following concerns that some may be operating dishonestly... READ MORE
Commbank

‘Urgent’ reforms needed to fix housing crisis: CBA

by Will Paige • 16 Jul 2025
The major bank has pushed the government for ‘urgency’ to ensure the correct policy settings are in place to build... READ MORE

Convictions handed down for ‘interest-free mortgage’ lender

by Annie Kane • 15 Jul 2025
Officials of an unlicensed mortgage lender Remedy Housing have been convicted of dishonesty offences for their role in... READ MORE

CSLR levies drop by a third following revision

by Annie Kane • 4 Jul 2025
Credit intermediaries will see levies from the Compensation Scheme of Last Resort reduced by 32 per cent, following... READ MORE

ASIC levies double for broking industry, prompting calls for a rethink

by Annie Kane • 3 Jul 2025
Levies from the financial services regulator will be more than double what they were last year, according to new ASIC... READ MORE

Former brokerage director sentenced to 12 months’ imprisonment

by Annie Kane • 2 Jul 2025
A former director of a brokerage has been sentenced for contempt of court involving ‘contumacious conduct of the most... READ MORE

ASIC sues loan agency over alleged unconscionable conduct

by Annie Kane • 1 Jul 2025
A small amount credit provider is being sued by the regulator for unconscionable debt recovery practices and unfair... READ MORE
Crypto mortgages

US regulator orders lending giants to consider crypto for mortgages

by Will Paige • 27 Jun 2025
US lending giants Fannie Mae and Freddie Mac have been instructed to prepare their businesses to consider... READ MORE
APRA

APRA finalises student debt treatment guidance

by Will Paige • 20 Jun 2025
The regulator has issued new guidance stating that HELP debts should be excluded from the credit limit of all debts... READ MORE