Live Financial Services News with Latest Updates | Page 2

Live financial services news and developments with the latest updates. Check out current financial services news stories and find out what happened, what is going on with financial services. Recent news updates about financial services
ASIC suspends AFS licences of Theta Asset Management and Valuestream Investment Management
20-011 ASIC suspends AFS licences of Theta Asset Management and Valuestream Investment Management
Taking action on Banking, Superannuation and Financial Services Royal Commission – Recommendations 3.9, 4.12, 6.6, 6.7 &
Experienced director joins CASA board
Westpac NZ and Contact Energy agree first sustainability-linked loan
KPMG in Asia Pacific announces new Head of Insurance
Endeavour Drinks partners with Shorty’s Liquor to accelerate growth in B2B drinks segment
MLC Wealth appoints Chief Technology and Operations Officer
ASIC disqualifies three Gold Coast directors from managing companies
ASIC further suspends AFS licence of Halifax Investment Services
Taking action on Banking, Superannuation & Financial Services Royal Commission – Recommendation 7.1
ASIC cancels AFS Licence of KP International Group Australia Pty Ltd
APRA publishes executive accountability statements
ASIC updates internal governance and accountability frameworks
AMP Financial Planning ceases MDA services
Oracle Recognized as Leader in Risk Management
ASIC disqualifies director for five years for engaging in illegal phoenix activity
APRA launches Westpac investigation and increases capital requirement add-ons to $1 billion
ASIC commences proceedings against TAL Life Limited for handling of insurance claim
ASIC reports on assessment of licensing and professional registration applications
ASIC calls on AFS licensees to provide new information about their financial advisers
Allens advises on purchase of prime North Sydney office
APRA modernises prudential standard on banking credit risk management
APRA imposes licence conditions on Avanteos over fees charged to dead members
APRA flags setting countercyclical capital buffer at non-zero default level
ASIC permanently bans former Victorian finance broker
Proposal to grant authorisation for mortgage broking disciplinary rules
ASIC suspends AFS licence of Australian Golden Securities Ltd
APRA publishes MySuper Heatmap
APRA approves IOOF bid to purchase ANZ superannuation licensees
APRA proposes major uplift in transparency around banking data
Consumers to get better deals under Comprehensive Credit Reporting
Banning insurance cold calls welcome, but further restrictions required
Agencies clarify requirements for providing financial services to hemp-related businesses
APRA proposes new capital framework for private health insurance
APRA intervenes to improve sustainability of individual disability income insurance
ASIC bans John Van Dieren from providing financial services for three years
ASIC and APRA issue updated MoU
APRA releases life insurance statistics for September 2019
APRA releases general insurance statistics for September 2019
Federal Reserve Board approves fee schedule for Federal Reserve Bank priced services
APRA releases superannuation statistics for September 2019
ASIC bans former director of Linchpin and Endeavour
Mutuals perform well despite pressure on margins
Federal Reserve Board publishes report on bank branch access in rural communities
APRA proposes changes to prudential standard governing insurance in superannuation
Perth adviser banned for four years
APRA releases quarterly private health insurance statistics for September 2019