Banks and banking

Commentary

15 Mar 2019
16

Josh Frydenberg wants to leave mortgage broker commissions unchanged for three years. It's hard to see why.

Briefing paper

5 Mar 2019
4

Proposed changes to Australia’s export credit agency, Efic, pose serious financial, environmental and diplomatic risks. They should not be rushed through and must be subject to close scrutiny, writes Tom Swann.

Report

28 Feb 2019
48

APRA undertakes a program of regular policy review to ensure that the regulatory framework on which its prudential supervision is based remains fit for purpose. This paper sets out APRA's policy agenda for the next 12 to 18 months.

Report

21 Feb 2019
48

This paper argues that at this precarious stage in our planet and our society's health and well-being, and to ensure corporate sustainability, corporate social responsibility (CSR) reporting should be a standardized and mandatory reporting system.

Report

19 Feb 2019
61

ASIC has provided this update on its planned actions in relation to the recommendations of the report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Report

12 Feb 2019
57

The committee reports on the fourth round of hearings, held in October 2018, which focused on the major banks' responses to the interim report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

Commentary

6 Feb 2019
33

Kenneth Hayne has shown the way ahead for government, regulators and the banks themselves, writes Tim Colebatch.

Report

4 Feb 2019
414

The central task of the Royal Commission was to inquire into and report on whether any conduct of financial services entities might have amounted to misconduct and whether any conduct, practices, behaviour or business activities by those entities fell below community standards and expectations. The...

Report

The Government response to the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
4 Feb 2019
50

The Federal Treasurer, Josh Frydenberg, has released this Australian government’s response to the Royal Commission.

Commentary

1 Feb 2019
18

Australia has a rare opportunity to secure a common approach to family violence as part of the response to the banking royal commission. Our financial institutions should embrace it.

Report

11 Dec 2018
20

The opaque and discretionary pricing of residential mortgages by banks makes it difficult and time consuming for borrowers to shop around and stifles price competition, this report by the ACCC has found.

Commentary

27 Nov 2018
16

There are practical steps we can take right now to fix the banks. History suggests they'll never do it left to themselves.

Report

15 Nov 2018
29

This report focuses on a number of key issues in the current consumer protection system. The list of key issues is not intended to be comprehensive; rather, the report provides a 'snapshot' of concerns raised in evidence about consumer protections, or the lack thereof, in...

Technical report

14 Nov 2018
12

This technical paper, requested by the Royal Commission, examines aspects of the regulation of financial product and service providers in the United Kingdom, the Netherlands, New Zealand and the United States.

Report

7 Nov 2018
24

This research paper argues that any proposed policy action to manage conflicts of interest should ideally undergo further testing in the field in which it will be implemented to assess the likely real-world impact. This would improve the design of the policy and monitor the...

Submission

5 Nov 2018
11

Consumer education, self-regulation by banks, and even stronger enforcement efforts by government regulators all have failed to curb incidents of financial misconduct and unethical behaviour. This submission provides a possible solution that has so far been overlooked - sector-wide collective bargaining to establish uniform, ethical...

Report

Findings from an FMA and RBNZ review of conduct and culture in New Zealand retail banks
5 Nov 2018
4

The Financial Markets Authority and Reserve Bank of New Zealand have completed their joint review into the conduct and culture of 11 New Zealand banks. The regulators identified significant weaknesses in the governance and management of conduct risks. These weaknesses have resulted in a number...

Discussion paper

Phase 2 of the Reserve Bank Act Review
1 Nov 2018
13

This review provides an opportunity to ensure that the Reserve Bank Act is fit for purpose and able to provide a strong, flexible, and enduring regulatory framework that enjoys broad public and industry support.

Report

12 Oct 2018
41

Market Forces, working with Vietnamese community organisations and other international NGOs, has found that equator principles (EP) signatory banks are violating those principles in their involvement in syndicates funding five Vietnamese coal-fired power stations. In doing so, they are failing the people that the principles...

Report

28 Sep 2018
514

The Commission’s work, so far, has shown conduct by financial services entities that has brought public condemnation. Some conduct was already known to regulators and the public - some was not. Why did it happen? The answer seems to be greed – the pursuit of...

Overview

 

Items: 142