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As it observes the Hayne royal commission unfolding across the Tasman, New Zealand's banking watchdog is planning new limits and controls on the directors of banks. read more

From June 18, AMP will no longer be part of the ASX20 index, following the revelations of misconduct heard by the Hayne royal commission. read more

The Leading Group on Internet Finance Risk, in charge of monitoring risks in China's internet finance industry, has called for increased supervision over businesses trying to skirt online lending regu.. read more

ASIC has permanently banned Max Kiattisak Eung (also known as Kiattisak Eungpongpan), a former NAB financial adviser, from providing financial services and engaging in credit activities. read more

Open banking platform provider Token.io has claimed first mover bragging rights, stating that it was the first licensed payment initiation service provider to conduct an end-to-end payment through a p.. read more

A special general meeting of Cape Credit Union on 30 May, saw 97 per cent of members who voted supporting the board's recommendation to merge with Community First Credit Union. read more

The Italian Banking Association has opened a pilot project, using R3's blockchain-based Corda platform, to bring more visibility to interbank transactions. read more

Fitch Ratings reports that Australia's 30-plus day mortgage arrears increased by 12 basis points to 1.13 per cent in 1Q18, compared to the previous quarter. read more

Consumer debt in America has been steadily rising since 2012 and is slated to reach a new high of US$4 trillion by the end of 2018. read more

The governor of the Reserve Bank of New Zealand has mooted exempting homes built under the government's KiwiBuild scheme from LVR restrictions. read more