Wayne Byres, Chairman APRA discusses how financial promises made by the institutions that APRA supervises are met within a stable, efficient, and competitive financial system to Parliament. As the prudential supervisor of the financial services industry, APRA currently supervises around 2000 institutions across authorised deposit-taking institutions (banks, credit unions and…
Read More
Supporting these priorities are core strategic projects ASIC has released its Corporate Plan, outlining its strategic priorities for the next four years and its plan of action for the year ahead. Chair Joe Longo said, ‘The plan identifies work we have underway to address a number of emerging trends and important law…
Read More
Australian corporate regulator acknowledges cyberattack on its servers in January. The Australian Securities and Investments Commission (ASIC), the independent commission of the Australian Government has announced it was made aware of a cyber security incident affecting a server used by ASIC, on January 15, 2021. This incident was related to…
Read More