Compliance

Government legislates ban on conflicted remuneration

by Charbel Kadib • 28 Nov 2019

The federal government has officially introduced legislation to ban the payment of conflicted remuneration to mortgage... READ MORE

by NextGen.Net • 28 Nov 2019

Promoted by NextGen.Net This year, compliance has been a key point of focus for the lending industry. With the fallout... READ MORE

by Annie Kane • 20 Nov 2019

The use and regard to expenditure benchmarks is “an area that is ripe for further guidance from ASIC”, and will be... READ MORE

by Charbel Kadib • 15 Nov 2019

There is no evidence to suggest that ASIC’s responsible lending guidance has increased processing times and rejection... READ MORE

by Reporter • 13 Nov 2019

The mortgage insurer has updated its serviceability calculator to reflect a lower interest rate floor. READ MORE

by Annie Kane • 12 Nov 2019

Updated guidance and examples of responsible lending for RG 209 will be released by ASIC “before the end of the... READ MORE

by Hannah Dowling • 11 Nov 2019

AFCA has created a new leadership position in order to tackle systemic issues within the financial sector. READ MORE

by Annie Kane • 8 Nov 2019

A senior manager at ASIC has confirmed that the regulator will launch a public consultation on its draft guidance... READ MORE

by Hannah Dowling • 5 Nov 2019

The complaints body has announced the appointment of its new chief operating officer, effective 2 December. READ MORE

by Hannah Dowling • 4 Nov 2019

The complaints body has awarded $185 million in compensation to consumers in its first 12 months of operation, with... READ MORE