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Bendigo and Adelaide Bank boss Mike Hirst is vehemently opposed to the argument put forward by Macquarie Group head, Nicholas Moore, that Macquarie Bank should be exempt from the levy [...]

Australian Prudential Regulation Authority (APRA) figures for the third quarter revealed gross written premiums rose 5.5 per cent on the previous third quarter, the strongest growth since 2013. But there's [...]

Byline: ELIZABETH FRY SYDNEY, Australia-Insurers in Australia will be obligated to deal with claims and claims disputes promptly under an updated code of practice released last week. The code, which [...]

Byline: BARBARA COCKBURN and ELIZABETH FRY SYDNEY, Australia-The Australian Securities and Investments Commission has completed its review of brokerage compensation practices, concluding that while there was no evidence of 'systemic [...]

Byline: ELIZABETH FRY SYDNEY, Australia-With Australian regulators working to wrap up their investigations into brokerage compensation arrangements, brokers, insurers and other financial services companies in Australia already are dealing with [...]

Byline: ELIZABETH FRY SYDNEY, Australia-Changes in New South Wales statutes will make it easier for employers to recover under workers compensation insurance for long-tail claims arising from the inhalation of [...]

Byline: ELIZABETH FRY SYDNEY, Australia-Hopes that large employers would soon have access to a national workers compensation system have been dashed by a federal government decision that private-sector workers compensation [...]

Byline: ELIZABETH FRY SYDNEY, Australia-Commercial insurers in Australia would be compelled to provide timely and efficient service to policyholders if the industry adopts a draft General Insurance Code of Practice [...]

Byline: ELIZABETH FRY CAIRNS, Australia-The $5.3 billion collapse of HIH Insurance Ltd. was due to a failure of the company's internal control systems, according to Justice Neville Owen, a judge [...]

UK insurers are likely to stick with Europe's new solvency regulations for the foreseeable future, allowing them at least partial access to the EU even if Britain leaves the trading [...]

This is the view of James Whittle, Payments UK's director of industry policy, who is presently involved with adapting UK standards to meet a European Commission rule called the Payment [...]

'AS THINGS STAND today we should be in a position by the end of the year to set out how an 'unquestionably strong' framework will be achieved,' Australian Prudential Regulation [...]

ACCORDING TO KEVIN NIXON, regulation and risk leader at Deloitte Australia, the Basel Committee on Banking Supervision's deadline to nail the rules--on the amount of capital banks will have to [...]

Dilip Rao, the locally-based chief of Ripple Labs, expects a US$28 million capital injection to put a rocket under the digital currency company's expansion plans in Asia. In May, Ripple, [...]

APRA's Wayne Byres believes that global regulators, as well as local banks, need to step up their efforts to promote better industry practices. Elizabeth Fry has the story. All the [...]