by admin | Apr 17, 2018 | News & Analysis
AMP’s head of financial advice has lost count of the number of times the company misled corporate regulator ASIC over charging customers fees for no service, he has told the financial services royal commission. The financial services company is the first...
by admin | Apr 13, 2018 | News & Analysis
Governments, companies and wider society need to rethink their attitudes towards whistleblowers in all sectors of the economy, from compliance staff in banks to nurses working in aged-care facilities. This includes compensating them for speaking up – and paying...
by admin | Mar 29, 2018 | News & Analysis
APRA chairman Wayne Byres has publically rejected claims that the regulator was unable to keep the Australian banks in line. Byres claims that APRA was not responsible for monitoring much of the conduct at the centre of the royal commission, and that there is no sign...
by admin | Mar 28, 2018 | News & Analysis
APRA board member Geoff Summerhayes has criticised the insurance industry’s rush to use artificial intelligence, claiming that it will bring risks that are not yet fully understood. ...
by admin | Mar 27, 2018 | News & Analysis
The value of Bitcoin has fallen this week, following Twitter’s announcement of a ban on ads for initial offerings or sales of virtual currency. The crackdown is an attempt to reduce the amount of fraud and deception users are exposed to....