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Showing 81 - 90 of 236 results for %22Australian Bankers%22

Bankers told to spread positive message

DARREN SNYDER  |  MONDAY, 24 APR 2017
... change is being made. On Friday independent governance expert Ian McPhee delivered his fourth report on the Australian Bankers' Association's package of industry initiatives. He said more work needed to be done to "move the dial on protecting consumer ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
... range of measures, said former Australian Public Service Commissioner Stephen Sedgwick. He was appointed by the Australian Bankers' Association to lead the independent review of product sales commissions and product-based payments in retail banking. ...

Open data carries privacy risk: ABA

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... robust regulation that protects the consumers, otherwise they risk major privacy breaches, according to the Australian Bankers' Association. Educating customers how their data may be used and ensuring an appropriate and well-understood consent regime ...

Banking scrutiny to escalate: ABA

KARREN VERGARA  |  THURSDAY, 6 APR 2017
The Australian Bankers' Association's new chief executive warned banks that the unprecedented level of pressure and scrutiny, and rate of change they are facing will only escalate and shouldn't be underestimated. Three days into her new role, former ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
... and, regardless, wouldn't have access to the compliance records of previous licensees. ASIC highlighted the Australian Bankers' Association's reference checking and information sharing protocol as a positive step, but noted that its scope is limited ...

Compliance and cybersecurity keeping bankers awake

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
Regulatory pressures and cybersecurity are the main areas of concern for Australian bankers, the 2017 EY Global Banking Outlook report shows. One-hundred per cent of the banking executives surveyed said enhancing cybersecurity and complying with consumer ...

Former ING DIRECT chief joins P2P lender

DARREN SNYDER  |  THURSDAY, 9 MAR 2017
... the services of a former bank chief executive renowned for driving innovation and competition. Joining the RateSetter Australian board as a non-executive director is former ING DIRECT chief executive Vaughn Rictor. Rictor said peer-to-peer lenders like ...

We have made mistakes: CBA

KARREN VERGARA  |  TUESDAY, 7 MAR 2017
... lending contracts for small business. Brian Hartzer and Steven Munchenberg chief executives for Westpac and the Australian Bankers' Association respectively will face the hearing tomorrow.

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
Former Queensland premier Anna Bligh will replace Steven Munchenberg as chief executive of the Australian Bankers Association, a role which will require her to weather the storm of a possible Royal Commission into the major banks. In a statement Bligh ...