471-480 of 1060 results
New APRA prudential standard raises bar for information security obligations and incident notification requirements
As companies and regulators across the world grapple with ever-increasing cyber security threats, Australia's financial services regulator, APRA, has released the final form of a new prudential standard, which imposes heigtened security obligations for APRA-regulated entities ...
The ins and out (goings) of responsible lending
Very broadly speaking current legislation relating to responsible lending says that a person must not recommend or make an unsuitable loan to a consumer - an unsuitable loan being one that either does not meet the consumers requirements and objectives or imposes repayment obligations that they are ...
Private equity under the spotlight - ASIC cracks down on offers of stub-equity in proprietary companies
ASIC is clamping down on the use of an offer of stub-equity in a proprietary company as an alternative form of consideration in public control transactions. ...
Comments invited on proposed retirement income product disclosure
Treasury has released a consultation paper on a new proposed simple standardised product disclosure document as part of the Federal Governments framework for Comprehensive Income Products for Retirement ...
The future age of AI
We will be able to cease speculation on what is in or not in the Final Report of the Financial Services Royal Commission on Monday evening or after whatever time it takes to read and digest ...
ASX Corporate Governance Principles and Recommendations: 4th edition
The 4th edition of the ASX Corporate Governance Principles and Recommendations focuses strongly on the link between culture, values and community expectations, consistent with the themes that emerged from the Royal Commission. ...
Protecting Your Superannuation Package - what you need to do, and when
Recently passed legislation part of a package of reforms designed to protect Australians superannuation savings from undue erosion by fees and insurance premiums introduces a series of important changes that will create challenging implementation timeframes for funds and administrators ...
ASIC consultation on fees and costs disclosure reform following expert review
Its been a long five years or so of amendments to and consultation on the fees and costs disclosure regime for superannuation and managed investments products And industry might be forgiven for feeling a sense of dj vu with the release earlier this year of ASICs consultation paper on the regime ...
Superannuation - 'not a product to be sold'?
In his typically blunt way Commissioner Hayne declared Superannuation is not a product to be sold As Mr Hodge QC was fond of saying I would like to tease that out a little ...
ACCC releases draft Consumer Data Right Rules for consultation
In preparation for the implementation of the first phase of the Consumer Data Right on 1 July 2019 the ACCC has released draft CDR Rules for consultation The draft rules detail how the CDR will function across all designated sectors in practice including how data is to be shared the criteria for ...