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A change to the Personal Property Securities Regulations has narrowed the definition of a motor vehicle for the purpose of registering security interests. read more

ING Direct has entered into a sale process to offload part of its mortgage book. The bank is reducing its exposure to the non-branded (or white label) segment of the market and the current sale is one.. read more

The role of the Council of Financial Regulators has taken centre stage in Financial System Inquiry submissions and the wider debate about the future of financial regulation, with calls for the body to.. read more

The Australian Financial Markets Association has implemented changes to its bank bill swap rate convention, with effect this week. read more

Macquarie Group has completed its second issue of residential mortgage-backed securities for the year, shaving 11 basis points off its funding costs since February. read more

With the prospect of Reserve Bank monetary tightening now being pushed out to 2015, borrower demand for fixed rates has waned. Leading broker groups report that standard variable rate loans are in the.. read more

Virtual currencies, such as Bitcoin, have legitimate uses and the potential to improve payment efficiency, the inter-governmental body that sets global anti-money laundering standards has found. read more

Almost four months after the introduction of comprehensive credit reporting in the Australian consumer credit market an important element in the self-regulatory structure of the regime has yet to be p.. read more

The scope of the concessional Farm Management Deposits scheme has been widened with the introduction of changes this week. read more

National Australia Bank is talking to global custody providers about options for its custody business, NAB Asset Servicing. The bank announced yesterday that was holding discussions with a number of p.. read more