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Financial system regulation

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Bank regulation
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Report

At the front line of the cost-of-living crisis


This snapshot examines the impacts of the cost-of-living crisis on ordinary people, drawing on the insights of financial counsellors and their clients, and explains how these services are responding to help people and influence financial services to create a fairer market.
Discussion paper

Designed to disrupt: reimagining general insurance products to improve financial safety


This paper highlights testimonials from women who have shared their experiences of financial abuse relating to general insurance. These personal accounts provide a sobering glimpse into the challenges they encountered and highlight the need for systemic change. The paper aims to provide a blueprint for industry and regulatory action.
Report

Superannuation choice products: what focus is there on performance?


This report examines the role of superannuation trustees, financial advisers and Australian financial services licensees in influencing the investment options that make up member superannuation portfolios, and reveals an often insufficient focus on performance as a measure of persistently underperforming investment options.
Discussion paper

Enhancing the Tax Practitioners Board’s sanctions regime


This consultation paper seeks feedback on proposed reforms that will provide the Tax Practitioners Board with a stronger and more agile sanctions regime, a greater deterrence effect on misconduct in the financial services sector and to tighten tax agent regulation.
Report

Vulnerabilities analysis - money laundering and terrorism financing: the Australian legal profession


The Law Council of Australia recently commissioned an independent expert to analyse the vulnerabilities of the Australian legal profession to money laundering and terrorism financing risk. This report outlines the findings.