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Showing 1 - 10 of 1899 results for "Authority"

Genetic testing ban takes effect for life insurance

VINNY VUCAGO  |  FRIDAY, 9 OCT 2026
... discrimination in life insurance under a new ban that took effect on October 8, with the Australian Financial Complaints Authority (AFCA) also updating its rules to handle complaints involving adverse genetic test results. The government's ban prohibits ...

Capital Group expands into Middle East

ELIZA BAVIN  |  FRIDAY, 9 OCT 2026
Capital Group has secured a Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, allowing it to expand into the Middle East. Capital Group said the approval authorises ...

Life CCC spots 10.6k breaches in FY26

MATTHEW WAI  |  THURSDAY, 8 OCT 2026
... has been sanctioned. The committee also sanctioned another insurer for collecting customers' data without medical authority in March. None of the insurers above were named. The report also noted the current priority lays on the revised Life Code ...

AFCA raises concerns over advice sector in systemic issues report

RIDDHIMA TALWANI  |  TUESDAY, 6 OCT 2026
The Australian Financial Complaints Authority (AFCA) has released its bi-annual Systemic Issues Insights Report, which outlines systemic issues identified and markers of excellence observed for the second half of the 2025-2026 financial year. AFCA's ...

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN  |  WEDNESDAY, 30 SEP 2026
The Australian Prudential Regulation Authority (APRA) has released a package of proposals to strengthen trustee investment governance and better protect members' retirement savings. APRA said the reforms are the next phase of its multi-year focus on ...

APRA moves to cut regulatory burden

VINNY VUCAGO  |  MONDAY, 28 SEP 2026
The Australian Prudential Regulation Authority (APRA) is seeking to reduce unnecessary regulatory burden while maintaining prudential standards designed to support productivity and long-term financial stability. The regulator has outlined its approach ...

JPMAM, QIA join forces in $28bn partnership

MATTHEW WAI  |  TUESDAY, 22 SEP 2026
... Management (JPMAM) has signed a Memorandum of Understanding (MoU) with Qatar's sovereign wealth fund Qatar Investment Authority (QIA) to establish a $28 billion (US$20bn) partnership to support ongoing investments initiatives, as well as financing opportunities ...

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
... InterPrac's creditors, including its liabilities in relation to complaints sitting with the Australian Financial Complaints Authority (AFCA) regarding the collapse of the Shield and First Guardian Master Funds. The loss from the managed investment ...

Stay up to date with regulatory compliance at the FAAA Congress

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
... remainder of the year, while shedding some light on the ongoing developments from the Australian Financial Complaints Authority (AFCA) and the Compensation Scheme as Last Resort (CSLR). This year's congress, themed 'EXPLORE,' reflects the ...

Australian Fiduciaries auditor suspended for three years

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026
... currently in liquidation, following its inability to pay the amount determined by the Australian Financial Complaints Authority (AFCA). "ASIC has consistently highlighted the importance of robust valuation practices, governance and audit quality, including ...
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