Financial services industry

NARROWER TERMS:
Report

AI barometer

This publication presents a major analysis of the most pressing opportunities, risks, and governance challenges associated with AI and data use in the United Kingdom, initially across five sectors.
Report

Criteria for certification under the Credit Contracts and Consumer Finance Act 2003

The confirmed ‘fit and proper’ criteria outlined in this response report focus on whether all directors and senior managers of lenders and mobile traders are competent, financially sound, honest, reputable, reliable and competent to do the job.
Discussion paper

Retail investor trading during COVID-19 volatility

This paper outlines some early observations by ASIC staff on trading in securities and contracts for difference (CFDs) during the volatility caused by the COVID-19 pandemic (COVID-19 volatility). It was produced to inform our work in managing the impact of the COVID-19 pandemic and is...
Book

Change finance, not the climate

Challenging the role of 'big finance' in our carbonised economy will require political intervention, not just technocratic fixes. This publication presents progressive proposals to build a fairer financial system that can respond to the climate crisis, rather than accelerate it.
Report

Justice tempered

This report finds that the Australian finance sector’s concentration on profits at all costs compromises the ethical integrity of workers in the industry. The report argues that while the Banking Royal Commission uncovered widespread misconduct in Australia’s banking and financial services sector, it failed to...
Report

Home loan price inquiry: interim report

This interim report shows that the big four banks considered various factors as they decided whether to pass on the RBA’s June, July and October 2019 rate cuts. But recovering profits was central to their decisions to not always fully pass through the lower rates...
Policy

ACCC/OAIC compliance and enforcement policy for the Consumer Data Right

The purpose of this policy is to help consumers and Consumer Data Right (CDR) participants understand the approach that the ACCC and the OAIC will adopt to encourage compliance with CDR Rules, legislation (including Privacy Safeguards) and Consumer Data Standards. The policy also sets out...
Fact sheet

Indigenous financial impacts and risks and COVID-19: CSI and First Nations Foundation response

The Centre for Social Impact and First Nations Foundation policy response to the COVID-19 Disease is based on three key strategies: caring for communities, access to appropriate services, and targeting high-cost lending and misleading advice.
Report

Impact of COVID-19 on the global financial system

This briefing is the outcome of several multi-stakeholder dialogues organised by the World Economic Forum’s 'Platform for Shaping the Future of Financial and Monetary Systems.' This briefing summarises the key findings of these discussions, providing insight into financial market trends, private-sector views of government responses...
Book

Sustainable Development Goals Disclosure (SDGD) Recommendations

The SDGD Recommendations call on organisations to consider sustainable development risks and opportunities relevant to their long term value creation strategy and communicate the actual or potential impacts on achievement of the SDGs.