Latest financial services News

Mastercard, IDEMIA and MatchMove pilot fingerprint biometric card in Asia to enhance security and safety
APRA releases points of presence statistics for authorised deposit-taking institutions
Societe Generale Securities Australia Pty Ltd receive $30,000 penalty for breaching client money rules
Royal Commission witness and former financial adviser Sam Henderson sentenced
APRA and ASIC publish latest data on life insurance claims and disputes 20 October
NAB ordered to pay $15 million for dealing with unlicensed home loan Introducers
ANZ appoints Head of Corporate Finance, International
Federal Court imposes $75 million penalty on OTC derivative issuer AGM Markets and former authorised
ASIC succeeds in obtaining orders against Debt Wipeout
ASIC suspends AFS licence of Ballast Financial Management Pty Ltd
AUSTRAC finalises external audit of Afterpay
Mastercard Partners with Signzy for Global Rollout of Video KYC
2020 CBA AGM: Chairman’s Address
APRA announces alignment of supervisory standards within international framework and designation of QBE
ASIC and Volkswagen Financial Services Australia settle Federal Court proceeding
Salvos encourage early intervention this Moneycare Day
ASIC bans former St George Bank employee for five years
CBA recognised for innovation in start-up space
ASIC bans former property developer from managing corporations for five years
Former Townsville financial adviser sentenced to eight years’ imprisonment
Former responsible manager banned from credit activities following ASIC investigation
Salvos encourage early intervention this Moneycare Day
Australian Government’s focus on Business Innovation and Investment Program will help economy
Permanent Migration Program to support Australian jobs growth
2020-21 Budget delivers support for older and vulnerable Australians
APRA begins roll-out of new Supervision Risk and Intensity Model
ANZ to pay $10 million penalty for unconscionable conduct over periodic payment fees
Creating Jobs And Boosting Healthcare In Castlemaine
WA financial adviser charged with dishonest conduct
Joy Linton named as Chief Financial Officer
APRA publishes new frequently asked question on interaction between JobKeeper payments and ‘work test’
Maintaining monetary and financial stability and delivering on our commitments
APRA resumes work to enhance sustainability of individual disability income insurance
ASIC bans BGC Securities fixed income broker for ten years
APRA releases Monthly Authorised Deposit-taking Institution Statistics for August 2020
Finance Sector Union reacts to suncorp job cuts 29 September
Curt Zuber to retire, Joanne Dawson appointed to Group Treasurer role
Digital Business Plan to Drive Australia’s Economic Recovery
CSI secures Zurich and Z Zurich Foundation to support research into mental health and wellbeing
APRA publishes weekly data on superannuation early release scheme
Study finds financial services and payments boost needed to beat poverty
APRA releases consultation on further changes to private health insurance reforms data collection
Record penalty for breaches of anti-money laundering laws
FMA reports on monitoring of financial services firms and advisers
Westpac announces Board changes
New outlook model indicates average to above average tropical cyclone activity and risk for Australia
AFCA Datacube updated with latest complaint statistics
ASIC enforcement update January to June 2020