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Regulatory

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Treasurer Wayne Swan has talked up the Government's banking reforms, dubbing them "a better banking deal" for consumers amid last week's call for a major financial system review.

Further dark pool regulation premature: Fidessa

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
Dark pools in Australia are too young for more regulation, said trading technology provider Fidessa, following a call from the ASX to tighten rules for off-exchange trades.

All advice scaled in proposed ASIC guidance

MELANIE TIMBRELL  |  FRIDAY, 10 AUG 2012
All advice is considered scaled to some extent, according to ASIC's consultation paper released yesterday on key elements of the FOFA reform package.

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
Following its recent review of the asset consultant industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services.

FINSIA calls on regulators for workplace diversity

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
The Financial Services Institute of Australasia calls on regulators to encourage companies to develop measurable objectives to assess their progress on workplace diversity and gender pay parity.

Future Fund defends tax havens

BEN COLLINS  |  FRIDAY, 10 AUG 2012
The Future Fund has defended its investments in subsidiaries based in known tax-havens during a senate inquiry yesterday.

ASIC bans ABC LC auditor

BEN COLLINS  |  THURSDAY, 9 AUG 2012
The Australian Securities & Investments Commission has banned an ABC Learning Centres auditor from practicing for five years.

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations.

ACSA lends weight to ASIC tech focus

MELANIE TIMBRELL  |  THURSDAY, 2 AUG 2012
Custody and asset administration body ACSA has said that while it supports the regulator's focus on technology, it is engaging with ASIC around expectations concerning some aspects of custodian behaviour.

Regulators on post-Trio watch

BEN COLLINS  |  THURSDAY, 2 AUG 2012
Australia's corporate watchdog said it has learnt some lessons in the wake of the Trio fraud, and plans to be more proactive.