The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have recently published an updated MoU (Memorandum of Understanding) to improve information sharing, deepen cooperation and strengthen engagement. The following are the additional details on updated MoU:
- It follows the recommendations of the Royal Commission.
- It is built on the collaborative and open relationship throughout all levels of the agencies.
- It facilitates investigations, enforcement action, more timely supervision and deeper cooperation on internal capabilities and policy matters.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.