Measures to Strengthen Financial Regulators

  • Recommendation 1.6 – Reference checking and information sharing for mortgage brokers
  • Recommendation 2.7 – Reference checking and information sharing for financial advisers
  • Recommendation 2.8 – Licensee obligations to report compliance concerns
  • Recommendation 2.9 – Licensee obligations where misconduct by financial advisers
  • Recommendation 3.8 – Adjustment of APRA’s and ASIC’s roles in superannuation
  • Recommendation 6.3 – General principles for ASIC and APRA to coregulate superannuation
  • Recommendation 6.4 – ASIC as conduct regulator for superannuation
  • Recommendation 6.5 – APRA to retain current functions for superannuation
  • Recommendation 6.9 – Statutory obligation for APRA and ASIC to co-operate and share information
  • Recommendation 6.14 – A new oversight authority for APRA and ASIC
  • Recommendation 6.11 – Improving ASIC’s Board meeting procedures
  • Recommendation 7.2 – Implementing the ASIC Enforcement Review Taskforce’s recommendations to improve the breach reporting regime
  • Additional commitment in response to Recommendation 7.2 – Implementing the ASIC Enforcement Review Taskforce’s directions power recommendations