31 reactions · 67 comments | Labor MP Andrew Charlton has labelled a move by Donald Trump to wind back banking regulation and supervision laws during his presidency as a “terrible mistake”. Watch the full episode at www.skynews.com.au/flash | Sky News Australia | Facebook

ASIC Offers Some Hope for Banking Fairness Recently, supervision of the Banking Code of Practice moved from the Australian Prudential Regulation Authority (APRA) to the Australian Securities and Investments Commission (ASIC), who have initiated a thorough review of the code. This first draft of the new code has many shortcomings, and I asked about these. From their answers, it is clear that ASIC are across the shortcomings in the code and I felt they are serious about making the new code a bette