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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.
Life insurers’ push for law change a dangerous Trojan horse
ASIC cancels AFS licence of Global Merces Funds Management Limited
Superannuation trustees compensate members wrongly classified as ‘smokers’
Super guarantee amnesty deadline approaches
AFCA makes submission to ASIC’s product intervention powers consultation
Kiwi start-up to target drug cheats in sport with innovative technology
Former financial adviser sentenced to six years’ imprisonment for dishonest conduct
Key changes to Insurance Council Board
AFCA welcomes updated guidance on IDR procedures
Murray-Darling Basin water markets in need of major changes
Finance workers call on major banks to follow Westpac’s lead and repatriate banking jobs
ASIC bans Hobart adviser for five years
APRA updates guidance on capital management for banks and insurers
NAB cracks down on unlicensed debt management companies
Mastercard collaborates with Microsoft to accelerate innovation across digital commerce and startup ecosystems
ASIC takes action to wind up illegal investment scheme MyWealth Manager
Parliamentary Joint Committee on Corporations and Financial Services – Opening statement Litigation funding
FMA publishes derivatives issuer Sector Risk Assessment
UNSW to offer world first bachelors degree in quantum engineering
ASIC suspends AFS licence of Union Standard International Group
Finastra and Microsoft announce a multiyear global strategic agreement to accelerate transformation of financial
Federal Court upholds ASIC’s appeal on Robert Hutchison
ASIC sues Forex Capital Trading Pty Ltd for unconscionable conduct and conflicted remuneration
Hundreds of thousands of motorists to benefit from class action over shonky bank car loans
Westpac appoints new Chief Financial Officer
HKUST Confers Honorary Doctoral Degrees and Fellowships on Distinguished Individuals
Local Government Super announces carbon neutral certification
Oracle Autonomous Database Now Available in Customer Datacenters
NRI Selects Oracle Dedicated Region Cloud@Customer
Mastercard partners with tonik, Philippines’ first digital-only neobank, to accelerate financial inclusion
Mastercard partners with SOLV to empower Indian MSMEs with a range of business solutions
Four-fifths of consumers prefer digital financial services, COVID-19 study
APRA updates regulatory approach to loans subject to repayment deferral
ASIC issues no-action position to allow right-of-use lease assets to count
SBM Bank taps Mastercard SendTM for faster, smarter payments solution for customers across India
Qantas frequent Flyer teams up with Afterpay
APRA imposes new licence condition on Colonial First State Investments Limited
APRA issues directions and imposes new licence condition on Suncorp Portfolio Services Limited
Engineers Australia announces Jane MacMaster as Chief Engineer
Rabobank appoints new head of Tasmanian business
Societe Generale Securities Australia Pty Ltd pleads guilty to client money offences
NAB welcomes first phase of open banking
Equity Trustees appointed as superannuation trustee for AMP Life customers
Helping Asia Speed Its Economic Rebound; Oracle’s Dual Region Cloud Strategy
ASIC cancels AFS licence of MyPlanner Professional Services
Updated MySuper Heatmap shows fee reductions for millions of members
Former director banned for engaging in illegal phoenix activity
Venture capital ailing because of a slowdown in Significant Investor Visas applications

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