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Compliance
AFCA expects to receive 50,000 complaints within first year
by Tas Bindi • 3 Sep 2018
The number of complaints to AFCA could exceed 50,000 within the first year, according to its CEO, who also stressed the...
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AFCA responds to EDR membership concerns
by Tas Bindi • 27 Aug 2018
The Australian Financial Complaints Authority (AFCA) has responded to confusion around the ability of new-to-industry...
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Government will likely reject PC’s trail recommendation: Bouris
by Tas Bindi • 16 Aug 2018
The recommendation to abolish trail is unlikely to be implemented by the current government, according to the head of...
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Opinion: Who will survive the royal commission?
by James Mitchell • 14 Aug 2018
When the media circus surrounding the Hayne royal commission finally dies down, the financial services industry faces...
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‘Women need to talk about money’, says ASIC
by Reporter • 10 Aug 2018
The financial services regulator has urged women to talk about money and financial experiences as part of its push to...
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APRA curbs cost taxpayers $500m
by Sasha Karen • 7 Aug 2018
APRA’s macro-prudential curb on investor lending has cost taxpayers an estimated $500 million, according to the...
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The mortgage see-saw
by Tas Bindi • 7 Aug 2018
A new type of loan is gaining momentum in Australia, but not many brokers or borrowers know about it. Tas Bindi...
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ASIC calls on industry to submit business metrics
by Reporter • 3 Aug 2018
The financial services regulator is calling on all regulated organisations to submit their business metrics via a new...
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Vertical integration not a worry for Treasury
by Tas Bindi • 31 Jul 2018
The Australian Department of Treasury has told the financial services royal commission that there is a lack of evidence...
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Best interests duty needs ‘careful consideration’: Treasury
by Reporter • 30 Jul 2018
Treasury has said that while there may be an “in-principle case” for introducing a duty for brokers to act in the...
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