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....
by admin | Mar 26, 2018 | News & Analysis
Canberra man Timothy Stewart McLeod has been sentenced for almost eight years’ jail after it was discovered he was part of a scheme that earned over $1 Million dollars from vulnerable clients of the ACT’s Public Trustee. Three other men have received similar sentences...
by admin | Mar 26, 2018 | News & Analysis
The leniency of Australia’s sanctions against companies that breach cartels or defraud consumers is set to become a more widely debated topic in light of the current banking royal commission. It is expected that corporate watchdogs will place a greater focus on...
