... including black spot repair and new national office of road safety Financial services $600 million boost for financial regulators ASIC and APRA to deal with banking royal commission fallout $35 million to expand the jurisdiction of the Federal Court ...
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Showing 301 to 310 of 396 results for asic:
... Corporations Act 2001, and the National Credit Act, and have an AFSL licence. However, while they also need to register with ASIC, the regulator does not actively monitor the sector. Key providers SocietyOne and listed company Wisr (formerly DirectMoney) ...
... considered lost if it hasn't been used in seven years and contains a balance of $500 or more. All unclaimed money received by ASIC is transferred to the Commonwealth of Australia Consolidated Revenue Fund. Since July 2013 all lost money has earned ...
... significant proposed changes relates to industry codes of conduct. The report calls for these codes to be approved by the regulator ASIC and include "enforceable code provisions". This would mean any breach of the code would be seen as a breach of the ...
... suitable for the customer. If Hayne's recommendations are implemented, these exorbitant commissions would be no more, with ASIC to set a cap on commissions to car dealers. The commission also supported a deferred sales model for junk add-ons, which ...
... prudential (system-wide) risk, something that Treasury, the Reserve Bank and Australia's three business regulator amigos, APRA, ASIC and the ACCC, have long rejected, he makes no concrete suggestions to tackle it. As we have written previously, research ...
... Commissioner Kenneth Hayne recommended a new regulatory body to oversee the Australian Securities and Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA). Commissioner Hayne presented the near-1000 page report to Treasurer ...
From January 1 this year, the Australian Securities and Investments Commission (ASIC) introduced new regulations designed to help stop Australians from getting stuck with problematic credit card debt. ASIC found that out of more than 10 million Australians ...
... the eleventh hour. The Commission also wants APRA to be empowered to prevent mergers that are not in the best interest and ASIC to pursue action against trustee directors for misconduct in relation to mergers.
... up there is a strong likelihood they'll stay with the same bank for life. This long-term loyalty has been a factor behind ASIC's decision to review primary school banking programs. It's also a reminder to parents and carers to choose children's bank ...
