451-460 of 848 results
Productivity Commission releases draft report on competition in the financial system
The Productivity Commissions draft report on competition in the financial system released earlier in February makes 25 draft recommendations a key focus of which are reforms to the regulatory system ...
Federal Government review into Open Banking
The Federal Government has released its much anticipated Review into Open Banking in Australia The Review makes 50 sweeping recommendations to implement Open Banking including a new regulatory framework under which the regime would operate in the broader context of a new Consumer Data Right for all ...
New restrictions on foreign persons acquiring Australian land and agribusinesses
The Federal Treasurer has today announced material changes to Australias foreign investment regime which will significantly impact transactions undertaken by foreign persons of Australian land particularly agricultural land and agribusinesses Partner Wendy Rae and Senior Associate Nick Kefalianos ...
Financial advice - vertically integrated institutions and conflicts of interest
ASIC has released its report on financial advice provided by vertically integrated institutions which is likely to be read with great interest by Commissioner Hayne and his team Senior Regulatory Counsel Michael Mathieson and Partner Michelle Levy report ...
Foreign stamp duty surcharge of 7 per cent introduced in South Australia
South Australia has introduced a stamp duty surcharge of 7 per cent for direct and indirect acquisitions of residential land by foreign purchasers, with effect from 1 January 2018. ...
Spotlight: (almost) everything you need to know about ransomware
Almost half of all companies experienced at least one cyber ransom incident in 2016 - either a ransomware attack or a ransom denial-of-service attack That same year ransomware attacks cost businesses more than US1 billion worldwide1 a figure expected to reach US5 billion in 2017 and exceed US115 ...
The Australian Cyber Security Centre's 2017 Threat Report
The Australian Cyber Security Centre's 2017 Threat Report addresses the current challenges and emerging trends confronting Australia's digital landscape. ...
Financial products - design and distribution obligations and product intervention powers
After a considerable gestation period the proposed new design and distribution obligations for financial products, and intervention powers for ASIC, took their first, tentative steps yesterday, with the release of exposure draft legislation. ...
A Commission of Inquiry - of the Royal, not the Parliamentary, kind
Since the announcement of the Royal Commission into ahem financial services much has been written and said - a lot of which suggests that little attention is being paid to the terms of reference In this article I take a look at those terms ...
Strengthening member outcomes in superannuation - APRA's proposals
APRA this week released a discussion paper and draft prudential standards and practice guides. This Insight considers the significant changes it will lead to across the industry. ...