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  • Latest financial services news stories and updates. What is happening today? All recent financial services news and developments. Live coverage and timeline of financial services. All you need to know about financial services.
APRA releases General Insurance Claims Development Statistics for December 2021
ASIC to extend deadlines for 30 June 2022 unlisted entity financial reports
Building best engineering bank in Australia
APRA releases its Private Health Insurance Annual Coverage Survey 21 July
Summer of Surf Announces Biggest Shaw and Partners Financial Services Racing Schedule
Unregistered investment scheme operator Chris Marco charged with 50 counts of fraud
APRA releases response to consultation on minor amendments to definition of significant financial institution
Consumer Rights Award presented to Delia Rickard
Making Australia world’s hardest target for scams
Over 72,000 complaints taken to financial ombudsman in 2021-22
Westpac and NAB fail ‘working from home’ test
ASIC cancels AFS licence of Global Funding Partners Pty Ltd
ASIC permanently bans Adelaide mortgage broker and cancels company’s credit licence
APRA releases response to consultation on revisions to prudential standard on investment governance
Surge in investment crypto scams driving losses towards record levels
Term of imprisonment imposed on former Sydney financial adviser
APRA removes Allianz’s additional capital requirement
Empowering Pacific Aotearoa to achieve home ownership
OTC derivatives provider Sirius Financial Markets surrenders licence, former executives handed eight-year bans
Ashurst represents Citibank on securitisation transaction for one of Singapore’s largest SME financing platforms
Construction industry director drops appeal against four-year banning
Bank of Queensland pays penalty for alleged breach of Consumer Data Right Rules
International container freight costs to soften for Australia’s ag sector, but no return to pre-pandemic lows on horizon
CommBank Smart Health launches actionable practice insights powered by Cubiko
Banned individual Nizi Bhandari charged with unlicensed advice and dishonesty offences
Court finds Select AFSL and its agents acted unconscionably: Royal Commission case study
Court finds Select AFSL and its agents acted unconscionably when selling insurance products
FSC welcomes review into Your Future, Your Super
‘Summer of content’ still on offer for Australian grains and oilseeds
ASIC issues civil penalty proceedings against wholesale licensee Lanterne Fund Services for risk and compliance failures
Digital-first healthcare solutions to enhance patient experiences and outcomes
APRA strengthens transparency on remuneration and bank disclosures
CBA announces new interest rates
Newly re-imagined KPMG Customer business
ASIC releases guidance for superannuation calculators and retirement estimates
CBA Emergency Assistance for flood affected areas in New South Wales 4 July
Damien Frawley to chair QTC Capital Markets Board
ASIC suspends AFS licence of ISG Financial Services Limited
ASIC cancels AFS licence of Quattro Management Pty Limited
APRA releases findings of post-implementation review of Basel III liquidity reforms
ASIC bans Melbourne based adviser David Ruthenberg for three years
APRA consults on its review of amendments to Superannuation Guarantee Act 1992
APRA revokes Citigroup’s banking licence
APRA releases Monthly Authorised Deposit-taking Institution Statistics for May 2022
ASIC sues Mercer Financial Advice for misleading customers about fees for no service and fee disclosure statement failures
CBA nudges Australians to make most of their tax returns
Fintechs face opportunities and challenges in evolving macro-economic environment
APRA finalises amendments to prudential framework to support Government’s cyclone and related flood damage reinsurance pool

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