The Financial Services Authority (FSA) has published an analysis of the main risks which potentially face consumers in the financial services sector over the next 12 to18 months.

The interim Financial Policy Committee (FPC) met and discussed its advice to the Treasury regarding the macro-prudential tools over which the statutory FPC should have powers to direct action by the proposed new regulatory authorities, the Prudential Regulation Authority and the Financial Conduct Au

The Australian Prudential Regulation Authority has released a response letter and two prudential practice guides for superannuation trustees in the areas of contribution and benefit accrual standards, and payment standards.

This report summarises key operational statistics and outcomes of ASIC’s market and participant supervisory functions in relation to ASX, ASX 24 and other Australian market licensees for the period 1 July 2011 to 31 December 2011.

ASIC today released its first report detailing ASIC enforcement actions for the period 1 July to 31 December 2011.

The Financial Services Council has announced that it will not support the amendments to the Future of Financial Advice (“FOFA”) legislation as the Bill failed to provided certainty for consumers and financial advisers.

The Central Bank of Ireland has outlined its plan to strengthen the protection of client assets and published the “Review of the Regulatory Regime for the Safeguarding of Client Assets” which contains wide-ranging recommendations, covering internal operational and structural issues for firms, revisi