APRA

Update on APRA’s Westpac Investigation

The Australian Prudential Regulation Authority (APRA) has delegated certain enforcement powers to the Australian Securities and Investments Commission (ASIC) in connection with the agencies’ investigations into matters arising from AUSTRAC’s proceeding against Westpac Banking Corporation1.…

reserve bank of australia

Minutes of the Monetary Policy Meeting of the…

Members Present Philip Lowe (Governor and Chair), Guy Debelle (Deputy Governor), Mark Barnaba AM (by video), Wendy Craik AM (by video), Ian Harper (by video), Steven Kennedy PSM, Allan Moss AO, Carol Schwartz AO (by video), Catherine Tanna (by video) Others Present Luci Ellis (Assistant Governor, Economic), Christopher Kent (Assistant Governor,…

ASIC

ASIC bans Perth SMSF adviser

ASIC has banned Perth-based adviser Wayne Blazejczyk from providing financial services for five years for failure to meet best interests obligations when providing advice on self-managed super funds (SMSFs). This follows an ASIC surveillance of…