ELIZA BAVIN  |  FRIDAY, 18 OCT 2019   12:00PM
The Australian Prudential Regulation Authority will not appeal the Federal Court decision to dismiss its court action against IOOF.
More news
TPD riddled with issues: ASIC
ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
An ASIC review has found significant industry-wide problems with the design of total and permanent disability insurance and the claims handling process.
AFCA gets 1450 complaints a week
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 OCT 2019
The Australian Financial Complaints Authority has received 1450 complaints every week so far this financial year.
No one reads the PDS: ASIC
ELIZABETH MCARTHUR  |  TUESDAY, 15 OCT 2019
ASIC is calling time on the financial services industry's reliance on disclosure as the default consumer protection, saying it enables poor conduct and poor consumer outcomes.
No pain, no gain: APRA
HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
As APRA raises the bar for the superannuation sector, trustees are readying themselves for discomfort. But the prudential regulator believes the pain is necessary for improving member outcomes.
Broker fined for lavish entertainment
ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
The Financial Conduct Authority in the UK has fined Tullett Prebon £15.4 million, citing "lavish entertainment" and lack of effective controls.
Culture change must not be a fad: APRA
HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away.
ASX updates listing rules
ELIZA BAVIN  |  FRIDAY, 11 OCT 2019
The Australian Securities Exchange has updated its listing rules, boosting its ability to crack down on rule breakers.
Volcker Rule tweak gets green light
KANIKA SOOD  |  THURSDAY, 10 OCT 2019
Post-GFC legislation that stopped big Wall Street banks from using their customers' money to invest in risky trades has seen a revision that could relax some of the restrictions.
Super funds face scrutiny in Canberra
ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
The major superannuation funds and industry associations will front the House of Representatives Standing Committee on Economics for the first time.
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