Protestors call for an investigation into bank regulator APRA outside the Commonwealth Law Courts Building in Melbourne, location of the banking royal commission.
Luis Ascui/AAP
All eyes will be on how ASIC and APRA respond to the findings of the banking royal commission. Will they be defensive about past mistakes, or move forward with tighter regulations?
Hacks like the one on Coincheck expose gullible investors to risk, but it also means funds could be flowing undetected into the hands of money launderers and terrorists.
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Australian regulators face similar problems as their Australian counterparts in getting cryptocurrency platforms to regulate and prosecuting them when things go wrong.
Instead, we need to burn the entire system of financial regulation to the ground and replace it with something that supports investing the way it’s done today.
Australian banks’ capital levels must be ‘unquestionably strong’, according to the Financial Systems Inquiry.
AAP/Dean Lewins
Is the financial system headed for another ‘Lehman moment’? Perhaps, but a bailout isn’t the solution. More capital is, something Trump should remember as he rewrites U.S. bank rules.
NAB Group CEO Andrew Thorburn will this week answer questions from another committee inquiring into banking practices.
Stefan Postles/AAP
The universal reform of the banking system will take more than another inquiry.
Before he was the Republican presidential nominee, Donald Trump accepted three bars of gold bullion as payment for a 10-year lease on a building he owned.
Mike Segar/Reuters
What seems to be a simple question of banks’ responsibilities is actually a major issue playing out where social security, banking, property, criminal and constitutional law intersect.
Westpac Chief Executive Officer Brian Hartzer gave excuses for traders behaviour in regards to the BBSW benchmark.
David Moir/AAP
With all the weight of evidence stacked against the banks in the case of BBSW benchmark, surely now is the time for the government to enforce regulation.
In announcing new money for the Australian Securities and Investments Commission, the Treasurer and the Minister responsible Kelly O’Dwyer executed a synchronised back flip with tuck, declaring that “The…