Australia must heed turning tide of banking regulations abroad
APRA’s regulatory mission creep is unlikely to help banks and insurers compete more effectively against nimble start-ups and tech giants rapidly expanding into financial services.
The international upheaval triggered by Donald Trump’s return to the White House has upended the US alliance network and global trade systems.
A key question at Tuesday’s Financial Review Banking Summit was will this disruption extend to overturning Australia’s internationally compliant financial regulation regime?
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The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
