According to media reporting: Financial regulators will be required to consider the burden any new rules place on lenders, especially smaller banks, Treasurer Jim Chalmers has said. Dr Chalmers said the new measures – which would apply to the Australian Securities and Investments Commission, the Australian Prudential Regulation Authority and the Reserve Bank – would push regulators to consider how they are introducing changes to avoid overburdening banks.
Now here's an innovation
Now here's an innovation
Now here's an innovation
According to media reporting: Financial regulators will be required to consider the burden any new rules place on lenders, especially smaller banks, Treasurer Jim Chalmers has said. Dr Chalmers said the new measures – which would apply to the Australian Securities and Investments Commission, the Australian Prudential Regulation Authority and the Reserve Bank – would push regulators to consider how they are introducing changes to avoid overburdening banks.