Financial Services

August 2017

Transition team appointed for unified financial services complaints body – August 2017

Filed under: Economy and Finance, Financial Services,

The Government has formed a transition team to lead to the establishment of the Australian Financial Complaints Authority (AFCA), announced in May.

December 2016

Government plans new regulatory regime for financial advisers from 2019 – December 2016

Filed under: Economy and Finance, Financial Advice, Financial Services,

Financial Services Minister, Kelly O’Dwyer, has introduced legislation into Parliament to mandate professional standards for financial advisers.

September 2015

Consultation on industry funding for ASIC – September 2015

Filed under: Australian Politics, Banking, Financial Services, Business, Regulation,

Assistant Treasurer Josh Frydenberg has released a consultation paper seeking stakeholder views on the potential introduction of an industry funding model for the regulatory activities of the Australian Securities and Investments Commission (ASIC).

June 2015

Improved access to Japanese financial services market - June 2015

Filed under: Australian Politics, Financial Services,

Assistant Treasurer Josh Frydenberg says the 2014 Japan–Australia Economic Partnership Agreement was a major development for the financial services industries of both countries.

May 2014

FINANCIAL SERVICES: Agreement to improve US access for Australian providers

Filed under: Financial Services,

Australia and the United States have signed an intergovernmental agreement (IGA) to reduce the burden on Australian financial institutions.