Clancy Yeates and Philip Wen THE AGE February 28, 2013
Several international banks have already satisfied upcoming rules that will force lenders to hold more liquid assets, the regulator says, despite industry concerns the requirements are being implemented too quickly.
Australian Broker online Mackenzie McCarty 12 February 2012
The MFAA has welcomed ASIC’s banning of another financial executive (Harold Bundy of Ezymanagement) in Sydney last week, along with other industry safeguards, as it symbolises a stronger regulatory regime on the sector.
18 January 2013 Business Spectator
The Australian Prudential Regulation Authority has urged local banks to treat loans granted to self-managed super funds differently to traditional mortgages due to the growing complexity of the SMSF sector, according to The Australian.
Adam Creighton The Australian January 07, 2013
AUSTRALIAN bank are on tenterhooks as they wait to learn whether the local regulator will move after international watchdogs watered down a key element of their post-GFC plan for creating a safer financial system.
Ben Packham The Australian October 08, 2012
RESERVE Bank governor Glenn Stevens says in hindsight the RBA should have applied greater scrutiny to two subsidiaries now embroiled in a foreign bribery scandal.
Dr. John Joseph RAY Australian Police News 15 September 2012
AUSTRALIA's corporate watchdog badly bungled its handling of one of the nation's biggest bribery scandals by failing to interview a single relevant witness and misspelling the lead police investigator's name in emails, leaving crucial correspondence stalled or unread.
Nick McKenzie, Richard Baker and Maris Beck The Age 14 September 2012
THE whistleblower who exposed alleged corruption in two Reserve Bank companies told five top bank officials of his explosive concerns, only to be later forced out of his job and warned to keep quiet.