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Regulatory & Government

Treasurer puts industry ‘on notice’ as reforms roll out

19 August 2019

Insurance is squarely in the Federal Government’s sights, with Treasurer Josh Frydenberg setting out a schedule to rapidly introduce Hayne royal commission reforms...

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Treasury to review timing of documentation for levies

19 August 2019

The Australian Prudential Regulation Authority may be open to changing the release date of the Cost Recovery Impact Statement that accompanies the annual supervisory funding levy consultations...

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Insurance a priority in ASIC’s new corporate plan

19 August 2019

“Addressing harms in insurance” is one of seven top strategic priorities listed in the Australian Securities and Investments Commission’s (ASIC’s) new Corporate Plan, to be published at the end of the month...

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APRA uses funds to recruit 150

19 August 2019

The Australian Prudential Regulation Authority is trying to boost its staff numbers by up to 150 people with additional funding provided by the Federal Government...

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Home checks still needed in quake-hit region, ICNZ says

19 August 2019

The Insurance Council of New Zealand has warned property buyers in earthquake-affected Christchurch and surrounding areas to check carefully before buying homes...

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ASIC updates climate change guidance

19 August 2019

The Australian Securities and Investments Commission has updated its guidance for climate change-related disclosure...

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Transport ministers seek CTP cover for automated vehicles

19 August 2019

Compulsory third party insurance schemes across Australia should be amended to cover automated vehicles, Australia’s transport ministers agreed at a meeting in Adelaide earlier this month...

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ARPC creates general counsel role

19 August 2019

The Australian Reinsurance Pool Corporation has promoted Janice Nand to a new position of General Counsel on its senior executive team...

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SIRA consults on minor injury provisions

19 August 2019

The State Insurance Regulatory Authority is reviewing the “minor injury” provisions contained in the Motor Accident Injuries Act, which underpins the no-fault compulsory third party scheme launched in 2017...

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New approach for NZ financial regulators

19 August 2019

The New Zealand Council of Financial Regulators is establishing a new vision to better coordinate financial system regulation and more effectively recognise the specific responsibilities of its member agencies...

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