Laws to implement one of the last remaining measures from the banking royal commission,a scheme of compensation of last resort for dudded customers,fell over this week.
The corporate regulator is taking ANZ Bank to court after the lender used an introducer scheme that allegedly breaches corporate laws to attract $18.5 billion in loans.
New laws soon to come into effect will better protect consumers against unsolicited phone calls from those selling financial products.
The once mighty wealth manager may have been spared the torment of a criminal investigation into its fees for no services scandal but it still has much to atone for.
Ms Orr will become the state’s most senior legal adviser and advocate after nearly 20 years as a barrister.
APRA deputy chairman John Lonsdale,Gilbert + Tobin partner Richard Harris and ASIC Commissioner Sean Hughes at the Financial Review Banking Summit March 30,2021.
The debate about the Morrison government’s proposed repeal of responsible lending laws is being framed in a context that no longer exists.
Minister for Financial Services Jane Hume has said the exam is designed to test competency,not expand skillsets.
The repeal of responsible lending obligations for almost all forms of consumer credit is short-sighted and poorly thought out.
Treasurer Josh Frydenberg has signalled plans to toughen enforcement at the nation’s corporate watchdog as he unveils draft laws to crack down on aggressive sales tactics in personal finance.
About 70 per cent of aged care residents suffer constipation. It can cause residents discomfort,pain,and start a downward spiral leading to delirium and death.