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Compliance
New ACL application process following ASIC incident
by Annie Kane • 2 Feb 2021
The financial services regulator has outlined its stop-gap measure for new Australian Credit Licence applications, as...
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Thom review set out 8 improvements for ASIC
by Annie Kane • 1 Feb 2021
The federal government has said that it expects ASIC to implement “as a priority” the eight recommendations of the...
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ASIC to update ACL process following security breach
by Annie Kane • 27 Jan 2021
The financial services regulator is working on “alternative arrangements” for submitting credit licence...
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Business loans to be included in CDR from 1 Nov
by Annie Kane • 25 Jan 2021
The ACCC has revealed examples of the types of business loans that could be included in the scope of the newly...
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AFCA amends complaints rules following court case
by Annie Kane • 22 Jan 2021
The financial services ombudsman has changed its rules after the NSW Supreme Court found that it had acted against its...
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Home owners scammed by ‘ruthless criminals’
by Sarah Buckley • 18 Jan 2021
The WA government has issued a warning surrounding a new scam that targets home buyers.
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AFCA raises SME finance monetary limits
by Malavika Santhebennur • 8 Jan 2021
The financial complaints body has adjusted its monetary limits for SME finance complaints including the maximum size of...
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Two new ACCC commissioners appointed
by Annie Kane • 14 Dec 2020
Treasurer Josh Frydenberg has announced two new commissioners of the Australian Competition and Consumer Commission,...
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A topsy-turvy year
by Malavika Santhebennur • 11 Dec 2020
Anyone who was hoping for a quiet, uneventful 2020 following the aftermath of the release of the banking royal...
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Regulatory guide to ‘game changer’ DDO released
by Annie Kane • 11 Dec 2020
Lenders and brokers will need to take a consumer-centric approach to how they design and distribute mortgages, as...
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