26 August 2019
The Australian Prudential Regulation Authority has released its final revised Financial Sector rules, or FSSA rules, providing clarity to new general and life insurance entrants on whether they are likely to be approved under a new "fit and proper" test...
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...
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...
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...
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...
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...
19 August 2019
The Australian Securities and Investments Commission has updated its guidance for climate change-related disclosure...
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...
19 August 2019
The Australian Reinsurance Pool Corporation has promoted Janice Nand to a new position of General Counsel on its senior executive team...
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...
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...
12 August 2019
Stronger industry codes of practice are needed to improve financial services’ self-regulation following recent failures, Australian Prudential Regulation Authority Chairman Wayne Byres says...
12 August 2019
Insurers won’t consider offering unrestricted products in the building industry professional indemnity market until confidence in the sector is restored, Insurance Council of Australia says...
12 August 2019
The NSW Government will establish a simplified dispute resolution system for injured road users and workers...
12 August 2019
The Australian Securities and Investments Commission is calling for submissions on its proposed guidance for companies to implement protections for whistleblowers...
12 August 2019
The Australian Prudential Regulation Authority says it is on track to meet timelines on the Hayne royal commission recommendations within its mandate...
12 August 2019
icare’s venture arm icare Foundation is awarding $5 million to eight organisations to help injured workers overcome complex barriers in returning to work...
05 August 2019
The Insurance Council of Australia is concerned the draft laws to extend unfair contract terms provisions to insurance contracts will do more harm than good...
05 August 2019
A House of Representatives committee inquiry into the progress financial services companies are making on Hayne royal commission reforms will increase transparency, Treasurer Josh Frydenberg says...
05 August 2019
The NSW Government has appointed David Chandler Building Commissioner, as part of the state’s reform measures for the embattled construction industry...