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Showing 11 - 20 of 6415 results for "Regulatory"

CSLR levy must be directed towards bad actors: Burgess

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
In improving the sustainability of the Compensation Scheme of Last Resort (CSLR), SMSF Association (SMSFA) chief executive Peter Burgess says reform is needed for greater accountability around the distribution and production of managed investment schemes ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... intends to transition the role of the trustee for the HUB24 Super Fund into the HUB24 Group, subject to APRA and other regulatory approvals. With respect to the takeover, APRA said: "The licence conditions will apply notwithstanding any change of ownership ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... ensure the continued efficient, fair and honest functioning of the superannuation platform market and that further regulatory changes are not required - the market is already the most fit for purpose superannuation market segment," it said. In its submission ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
ASIC chair Joe Longo has signalled a more collaborative and innovation focused regulatory approach as artificial intelligence (AI), tokenisation and digital assets rapidly transform Australia's financial service sector. Speaking at the Tech Council ...

Old settings for TPD 'no longer fit': APRA

RIDDHIMA TALWANI  |  THURSDAY, 28 MAY 2026
APRA executive director of superannuation, life and private health insurance Jane Magill said total and permanent disability insurance (TPD) in its current form is being tested by the sharp rise in mental health claims. Speaking at the All Actuaries ...

ASIC moves to extend managed investment scheme relief measures

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
... horse racing syndicates from the requirement to register as managed investment schemes, while also establishing co-regulatory arrangements between ASIC and racing bodies across Australian states and territories. Meanwhile, the Charitable Investment Fundraising ...

More advisers go self-licensed to avoid associative risks

MATTHEW WAI  |  THURSDAY, 28 MAY 2026
... sector to scale. This is also exacerbated by the limited supply of new advisers due to stringent education standards and regulatory developments. Addressing this, Euvrard said the need to for sustainability in the industry will be crucial moving forward. ...

Westpac fined $26m for financial hardship neglect

KARREN VERGARA  |  WEDNESDAY, 27 MAY 2026
Major bank Westpac has copped a $26 million fine for neglecting customers facing financial hardship over a six-year period. The Federal Court found the bank failed 277 customers facing financial troubles by not providing a written response to their ...

Heightened cyber threats require greater accountability on governance

MATTHEW WAI  |  WEDNESDAY, 27 MAY 2026
... AI specialist James Jurd said increasing cyber threats require better accountability on governance. It comes as the regulatory landscape is rapidly evolving and requires businesses to keep themselves on track, he said. The Australian Prudential Regulation ...

Cbus pushes for lead generator ban

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
... generation and restrictions on purchasing consumer leads linked to retirement saving products. Cbus also called for stronger regulatory intervention powers, warning many Australians remain unable to distinguish between legitimate super products and high-risk ...