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Compliance
Government urged to tackle elder financial abuse
by Annie Kane • 9 Aug 2019
The ABA is calling on governments across Australia to establish new laws to protect people from elder financial abuse,...
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New inquiry into financial services sector launched
by Charbel Kadib • 5 Aug 2019
The federal government has expanded the remit of the House of Representatives standing committee on economics in order...
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Feedback sought on new expenses standard
by Annie Kane • 1 Aug 2019
LIXI is calling on the lending and mortgage industry to provide feedback on its new living expense category changes,...
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Appeal denied for jailed CEO
by Hannah Dowling • 30 Jul 2019
A former CEO who is currently serving a four-year jail sentence for conspiring to defraud CBA and his company will...
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Financial system is ‘more resilient’ thanks to APRA, finds review
by Annie Kane • 18 Jul 2019
APRA’s “rigorous and effective” intervention and management of the “growing risks” in mortgages have helped...
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Treasurer ‘optimistic’ on economic future
by Annie Kane • 17 Jul 2019
Despite noting challenges in housing, Treasurer Josh Frydenberg has said that he is “optimistic” about...
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Common approach agreed on financial abuse requirements
by Annie Kane • 15 Jul 2019
The banking and broking industries have agreed on a “common approach to identifying the signs of financial abuse in a...
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ASIC cancels non-compliant credit licences
by Reporter • 15 Jul 2019
The corporate regulator has suspended and cancelled the credit licences of financial services businesses that have not...
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ASIC takes action against mortgage professionals
by Reporter • 15 Jul 2019
The corporate regulator revealed that it has cancelled two financial services licences, one due to the absence of...
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MFAA backs ‘entirely appropriate’ APRA reforms
by Charbel Kadib • 9 Jul 2019
The association has expressed its support for the prudential regulator’s changes to home loan serviceability...
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