HARRISON WORLEY  |  SATURDAY, 26 MAY 2018   8:01AM
A financial services industry group is supporting the launch of a new global banking education standard.
More news
Westpac off the hook in BBSW scandal
KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW.
Agriculture investment under parliament microscope
HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
The practical barriers to superannuation investment in Australia's agricultural sector are now the subject of a Federal Parliament inquiry.
Amnesty granted to employers with unpaid SG
KANIKA SOOD  |  THURSDAY, 24 MAY 2018
For 12 months starting today, employers with a history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to ...
Aussie funds can benefit from FTA with EU: FSC
KANIKA SOOD  |  THURSDAY, 24 MAY 2018
The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management industry.
VOFF asks Medcraft to "face the music"
ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
Victims of Financial Fraud (VOFF) are calling on former ASIC chair Greg Medcraft and deputy chair Peter Kell to answer for alleged mishandling of financial services regulation.
BBSW methodology restores trust
DARREN SNYDER  |  TUESDAY, 22 MAY 2018
The new calculation methodology for Australia's bank bill swap rate began on Monday, a direct response to maintain trust in the interest rate benchmark following misuse.
Life insurers should fund medical rehabilitation: MLC
KANIKA SOOD  |  MONDAY, 21 MAY 2018
There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting for ...
APRA urges super funds to examine board skills
HARRISON WORLEY  |  FRIDAY, 18 MAY 2018
The prudential regulator is asking superannuation fund licensees to reconsider whether board members contain the requisite mix of skills and capabilities to fulfil their role.
ASIC cancels Melbourne firm's AFSL
KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February.
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