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According to a Moody's report, both of the options proposed in an APRA discussion paper to improve the transparency, comparability and flexibility of Australia's bank capital framework would be credit.. read more

The A$1 billion sale of OnePath by ANZ is at risk of being stranded in a minefield of internal and external conflicts, caught between doing the right thing by members of the OnePath fund versus obtain.. read more

Bank-owned and industry funds failed to understand and effectively deal with the ramifications of the introduction of MySuper, evidence from yesterday's royal commission hearings suggests. read more

Thus far, the much anticipated grilling of the industry super funds by the Hayne royal commission has been a fizzer for their critics. read more

Following a review by ASIC, five of Australia's largest retail banks will improve compliance measures and controls for deposit accounts that can be operated by a third party, such as a financial advis.. read more

Niche non-bank financing specialists continue to move into areas previously dominated by the big banks, with securitisation once again featuring. read more

Changes to the National Consumer Credit Protection Act 2009, which became law in the first quarter of 2018, will have a noticeable effect on the credit card sector. read more

ASIC's latest enforcement report includes a section on what the regulator has planned for the next six months. read more

CBA has reported its first profit reversal since the global financial crisis and this time the problems were internally generated as the true cost of reputation risk hits home. read more

Operating income and customer deposits were up and loan impairment expenses down at CBA, but penalties cut deep into the bank's operating expenses. read more