Financial Services Wrap up - August 2019

Financial services monthly wrap up - August 2019



Australia Publication August 2019

In August 2019, ASIC announced plans to review the transition away from grandfathered conflicted remuneration and has proposed to use its new product intervention powers with respect to binary options and contracts for difference (CFDs). APRA and the Treasury have also provided an update on the implementation of recommendations made from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

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