AFCA looks to expand senior ranks
KRISTI CHENG  |  FRIDAY, 26 JUL 2019
The Australian Financial Complaints Authority is on the hunt for a new chief operating officer.
ASIC sues ANZ over unlawful fees
KANIKA SOOD  |  THURSDAY, 25 JUL 2019
The corporate regulator is suing ANZ, alleging the bank unlawfully charged customers certain periodic fees exceeding $50 million.
Deeming rate calculations should be independent: Poll
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
The majority of Financial Standard's readership agrees the calculation of deeming rates should be appointed to an external, independent body.
Standard Life Assurance fined for hawking non-advised annuities
KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
Standard Life Assurance has been slapped with a £30.8 million ($54.9m) fine by the UK regulator for hawking non-advised annuities.
Open Banking gets another shot in parliament
ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Morrison Government is reviving its Consumer Data Right bill - which includes the Open Banking changes that would give consumers access to and control of their own financial data.
APRA proposes new remuneration standard
KARREN VERGARA  |  TUESDAY, 23 JUL 2019
APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations.
Portfolio manager caught out faking returns
KANIKA SOOD  |  FRIDAY, 19 JUL 2019
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged.
ASIC moves to ban direct life cold calling
HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
ASIC moved to ban the unsolicited telephone sales of life and consumer credit insurance.
350 tax practitioners under investigation
ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
The Tax Practitioners Board revealed 350 tax practitioners are currently under investigation for high risk behaviour.
Nomura ordered to pay back US $25m
KANIKA SOOD  |  TUESDAY, 16 JUL 2019
The giant's securities business has been ordered to pay back US $25 million to clients misled by its bond traders, in an enforcement action by the US corporate regulator.
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