Live Financial Services News with Latest Updates | Page 6

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
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
APRA sets out stronger, more transparent approach to regulating and supervising GCRA risks
ASIC disqualifies director from managing companies for maximum five years
ASIC disqualifies WA director from managing companies for five years
APRA unveils MySuper heatmap
ASIC relief from financial adviser compliance scheme obligations takes effect
APRA and ASIC publish latest data on life insurance claims and disputes
ASIC cancels AFS licence of Southern Mortgages Ltd
Banks and other financial services urged to help reduce gambling-related harm
New appointments to Financial Conduct Authority board announced
FMA successfully defends FSPR appeal by FXBTG Financial Limited
Former Aon Hewitt financial adviser banned for two years
VaultID Group Limited, specialists in Digital eKYC/AML appoints Mark Forsyth Senior Partner
ASIC wins appeal against Westpac subsidiaries
NEXT GENERATION online personal finance hub launched – KEY response to Hayne Royal Commission
Former Brisbane-based employee permanently banned from providing financial services
Australian Retailers Association announces new partnership with American Express
17 banks and lenders confirm support for SME customers through Brexit and beyond