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Regulatory & Government

Second lot of FSRB proposals arrive

13 June 2001

Lawyers and various other experts are poring over the latest package of policy proposal papers related to the Financial Services Reform Bill…

Opposition supports FSRB

22 May 2001

Opposition Financial Services spokesman Stephen Conroy has laid aside any lingering doubts about the ALP’s support for the financial services reforms…

APRA on the fast track

22 May 2001

Meanwhile, APRA’s beleaguered CEO Graeme Thompson is pushing his staff to have the final rounds of industry consultation on proposed new prudential standards completed…

We back the bill, say insurers

22 May 2001

Just in case you were wondering… yes, the insurance industry does support the fast-tracking of the new General Insurance Act…

FSRB: Its heavy going

08 May 2001

NIBA’s Noel Pettersen warned months ago that the devil will be in the detail of the Financial Services Reform Bill…

FSRB details – here they are

01 May 2001

ASIC has released the first package of policy proposal and process-related papers on administrative issues arising from the Financial Services Reform Bill…

Putting flesh on FSRB’s bones

01 May 2001

Phillips Fox specialist Robert Tobias said the FSRB itself is “really the bare bones” of the legislation…

It wasn’t our fault: APRA

24 April 2001

In case you didn’t get the message before: APRA has issued a wordy media release “revisiting” its role in the downfall of HIH…

Policy papers delayed

10 April 2001

The introduction of the FSRB into Parliament has also changed ASIC’s schedule for releasing policy proposal papers…

Consumer role gets higher priority

10 April 2001

Consumer protection is being given a greater emphasis by ASIC with the creation of a new Consumer Protection National Directorate…

APRA’S new rules: a bit late for some

03 April 2001

It might be a bit too late for professionals working through the HIH saga, but APRA has released its latest proposals to reform and modernise prudential regulation of…

Friendly move forces changes to life act

03 April 2001

Friendly societies are being brought into line with other members of the life insurance industry in a more forthright manner than had been expected…

NSW rejects the privatisation option

03 April 2001

The NSW workers’ comp system might be in disarray and piling up a deficit at more than $1 million a day, but the chances of it falling into private insurers’ hands are now…

FSRB scheduled for next week

27 March 2001

The Financial Services Reform Bill is on track to be introduced into Federal Parliament next week…

Uncertainty over Health/Safety Act

27 March 2001

The New South Wales Occupational Health and Safety Act 2000 will be enacted next month, with Experts still uncertain what impact it will have…

Calls to broker facility rise

27 March 2001

The Insurance Brokers Dispute Facility’s toll-free number received 52% more calls last year – a total of 3,388 – compared with its first year of operation in 1996…