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Guidance for members on the NSW ESL Insurance Monitor closure
NIBA has provided a submission on the ACCC insurer response to COVID-19 Interim Authorisation
The National Insurance Brokers Association (NIBA) has responded to a consultation paper issued by ASIC in relation to the Design and Distribution Obligations (DDO) legislation.
ASIC has issued a consultation paper titled Implementing the Royal Commission recommendations: Advice fee consents and independence disclosure.
ASIC and APRA announce that regulatory projects will be postponed for the time being, as the key regulatory agencies concentrate on the impact of COVID-19.
The Federal Government has released for consultation draft legislation to implement the 22 recommendations and two additional commitments from the Banking, Superannuation & Financial Services Royal Commission to enhance protections for consumers and small businesses and to strengthen the role of financial regulators.
The NSW Government plans the implementation of ratings systems for professionals in the building industry and strong new powers to prevent occupation certificates from being issued on suspect developments under the Design and Building Practitioners Bill
The Treasurer and the Minister for Financial Services have announced significant new penalties for breaches of the Corporations laws and financial misconduct.
The Notifiable Data Breach (NDB) scheme coming into effect this week on February 22