Australian financial regulators

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry. Back in 2014, the Financial System Inquiry recommended a board of oversight – a regulator for the regulators – to ensure that the regulators discharge their mandates. So, for example, to ensure that ASIC acts like a cop, not a co-op; that APRA acts with foresight and finesse, Australian Securities and Investments Commission (ASIC) ASIC is the sole regulator of Australian registered companies and one of three Federal Government bodies that regulate financial services. ASIC administers the Corporations Act 2001 (Cth), the law regulating the incorporation, operations and management of companies.

Nov 20, 2019 A law book and gavel covered in coins. Australia's financial regulators are getting tougher following the banking royal commission. Photo: Getty. Mar 23, 2016 As a result of the agreement signed today, the UK's Financial Conduct Authority ( FCA) and the Australian Securities and Investments  Nov 19, 2019 This journey started in 2011 with the Australian financial regulators' review of the regulatory framework for market infrastructure, and with further  Jan 14, 2020 Australia's financial regulators have been navigating largely in the dark when assessing the risks shadow banking and fintech pose to financial  Feb 11, 2020 And the Australian Financial Complaints Authority, established in November 2018, received more than 74,000 complaints last year, which was  Jan 8, 2020 Since 2015, the Australian Securities and Investments Commission (ASIC) has met with 514 finance technology (fintech) and regulatory  Sep 19, 2019 Australia's financial regulators have suffered another setback in their quest to take a tougher approach to policing misconduct after losing a 

Feb 11, 2020 And the Australian Financial Complaints Authority, established in November 2018, received more than 74,000 complaints last year, which was 

SYDNEY, March 2 — Australia’s financial regulators were in an emergency meeting on Monday to discuss the impact of a new coronavirus outbreak on the country’s economy, two sources familiar with the matter told Reuters, as markets price in an aggressive policy response. Australia's financial regulators will discuss the impact of a new coronavirus outbreak on Australia's A$2 trillion ($1.3 trillion) economy in an emergency meeting on Monday, a source familiar with SYDNEY, March 2 (Reuters) - Australia's financial regulators scheduled an emergency call on Monday to discuss the impact of the coronavirus outbreak, two sources familiar with the matter told SYDNEY — Australia’s financial regulators will discuss the impact of a new coronavirus outbreak on Australia’s A$2 trillion ($1.3 trillion) economy in an emergency meeting on Monday, a The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry.

10 March 2020 - MEDIA RELEASE 20-058MR Following consultation, ASIC releases new regulatory framework for foreign financial services providers ASIC has released its new regulatory framework for foreign financial services providers (FFSPs) providing financial services to Australian wholesale More releases, speeches, podcasts and news stories

Nov 2, 2016 Innovative fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators  Nov 20, 2019 A law book and gavel covered in coins. Australia's financial regulators are getting tougher following the banking royal commission. Photo: Getty. Mar 23, 2016 As a result of the agreement signed today, the UK's Financial Conduct Authority ( FCA) and the Australian Securities and Investments  Nov 19, 2019 This journey started in 2011 with the Australian financial regulators' review of the regulatory framework for market infrastructure, and with further  Jan 14, 2020 Australia's financial regulators have been navigating largely in the dark when assessing the risks shadow banking and fintech pose to financial 

Nov 19, 2019 This journey started in 2011 with the Australian financial regulators' review of the regulatory framework for market infrastructure, and with further 

Feb 7, 2018 And what of our other financial regulator - the Australian Prudential Regulation Authority (APRA)? The Productivity Commission reckons that  It is also recommended that a single prudential regulator, the Australian Prudential Regulation Commission (APRC), be formed for the entire financial system to 

Following from that, in. 1998, the Australian Prudential Regulation Authority ( APRA) was established, and responsibility for consumer protection for the financial.

Nov 19, 2019 This journey started in 2011 with the Australian financial regulators' review of the regulatory framework for market infrastructure, and with further  Jan 14, 2020 Australia's financial regulators have been navigating largely in the dark when assessing the risks shadow banking and fintech pose to financial  Feb 11, 2020 And the Australian Financial Complaints Authority, established in November 2018, received more than 74,000 complaints last year, which was  Jan 8, 2020 Since 2015, the Australian Securities and Investments Commission (ASIC) has met with 514 finance technology (fintech) and regulatory  Sep 19, 2019 Australia's financial regulators have suffered another setback in their quest to take a tougher approach to policing misconduct after losing a  Mar 1, 2016 Australia's model for the regulation of the financial system – the Twin (ASIC) and the Australian Prudential Regulation Authority (APRA). Mar 20, 2018 Australia's key financial regulators — the RBA, the Australian Prudential Regulation. Authority (APRA) and the Australian Securities and 

Mar 20, 2018 Australia's key financial regulators — the RBA, the Australian Prudential Regulation. Authority (APRA) and the Australian Securities and  Dec 3, 2018 Coinzoom Australia said Dec. 3 that it had been officially registered as a digital currency exchange with financial watchdog AUSTRAC. Jun 29, 2018 This Inquiry focusses on competition in Australia's financial system as a by Australian Prudential Regulation Authority (APRA), that in effect  Aug 6, 2018 ACCC should act as a competition champion for the financial sector: Recommendation 19.1 states that 'To address gaps in the regulatory  Dec 13, 2018 The Council of Financial Regulators (the Council) is the coordinating body for Australia's main financial regulatory agencies. There are four  Mar 15, 2019 The final report brings Australia's Royal Commission into Misconduct in likely to change the financial services regulatory landscape in three  Jun 25, 2019 Federal and state governments have a myriad of agencies in place that regulate and oversee financial markets and companies.