Media releases

Month: Apr

  • Budget 2019: Funding boost for regulators vital to restoring trust in financial sector


    $600m announced for ASIC & APRA to tackle Banking Royal Commission recommendations

    The Governance Institute of Australia welcomes the Federal Government’s 2019 Budget. Funding increases for the financial sector’s key regulators, ASIC ($400m) and APRA ($150m), as well as a the expansion of the Federal Court’s remit ($35m) to prosecute white collar crime will help drive accountability in the financial sector.

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