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Regulatory & Government

ASIC amends statement on brokerage freezing orders

19 July 2021

The Australian Securities and Investments Commission has reissued a media release on urgent interim orders obtained in the Federal Court against Alliance Insurance Broking Services and its sole director Renato De Maria...

Complexity, advice issues targeted in law reform feedback

12 July 2021

Feedback to a financial services law reform inquiry has backed simplification of the legal framework and drawn attention to specific problems such as the failure of distinctions between general and personal advice...

SIRA releases CTP scheme review discussion paper

12 July 2021

The NSW State Insurance Regulatory Authority is seeking feedback from injured people, organisations and the public on its planned review of the state’s compulsory third party scheme...

NSW sets up online hub to smooth disaster support

12 July 2021

The NSW Government has set up an online hub that includes information from more than 17 state and federal agencies to help communities recovering from bushfires, floods and other natural disasters...

National comparison website 'would fail'

05 July 2021

The Australian Competition and Consumer Commission’s recommendation for a national home insurance comparison website won’t do anything to assist the affordability issue in northern Australia...

Cyber back on ARPC's agenda in triennial review

05 July 2021

The Federal Government will re-examine whether terrorism cover provided by the Australian Reinsurance Pool Corporation should include property damage from cyber attacks after a previous review determined it is not required...

New bill proposes forced ransomware payment disclosure

28 June 2021

Australia’s Shadow Assistant Minister for Cyber Security Tim Watts has put forward a new bill making it compulsory that companies intending to pay a ransomware demand inform the Australian Cyber Security Centre...

Elaine Collins gets new term as ARPC director

28 June 2021

The Federal Government has re-appointed Zurich Australia Insurance Non-Executive Director Elaine Collins to serve another three-year term as board member of the Australian Reinsurance Pool Corporation...