The Australian Government is seeking stakeholder feedback on proposed reforms released in a consultation paper that will seek to strengthen and modernise the Tax Practitioners Board’s (TPB) registration requirements for tax practitioners. The consultation paper relates to the priority area identified for action in the Government’s response to PwC matter: Strengthening our regulatory arrangements. The...
The Australian Securities and Investments Commission (ASIC) has opened consultation on the Australian Banking Association’s (ABA) proposed changes to its Banking Code of Practice. This is the first time ASIC is undertaking a public consultation since approving the code in 2019. ASIC is seeking to ensure that the code continues to provide real benefits to...