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Showing 61 - 70 of 512 results for "Australian Prudential Regulation Authority"

APRA finalises senior executive lineup

JAMIE WILLIAMSON  |  WEDNESDAY, 28 JUN 2017
The Australian Prudential Regulation Authority completed its transition to a new organisational structure with the promotion of its chief risk officer and the creation of a position to oversee its risk and data analytics division. As of 1 July 2017 ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
... Owners' chairman Bruce Foy said. The latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA) puts the number of self-managed super funds in operation at 600,000, managing $653.8 billion in assets. The average ...

UniSuper obtains public offer licence

EMMA RAPAPORT  |  FRIDAY, 12 MAY 2017
... said. Financial Standard understands the new public offer licence was issued by the Australian Prudential Regulation Authority earlier this year. Over the past year, a number of industry super funds have moved to open membership to the general public. ...

Tax relief for merging super funds extended

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... superannuation industry. Speaking at a Financial Services Council event last year, Australian Prudential Regulation Authority deputy chairman Helen Rowell hit out at superannuation funds which deliver continual poor performance, lack transparency, and ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... institutions and their executives will be introduced by the Federal Government. The Australian Prudential Regulation Authority (APRA) has been allocated $28.6 million over the next four years to initiate new regulatory activities aimed at supporting ...

Let me down gently

BENJAMIN ONG  |  TUESDAY, 11 APR 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) must be breathing a sigh of relief at the latest housing finance figures indicating a slowdown in the country's property market. The bubbling Australian property ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... financial stability and by extension, the overall economy. The RBA certainly welcomes the Australian Prudential Regulation Authority's (APRA) recently-announced additional macro-prudential restrictions on residential mortgage lending. This, along with ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
... to follow the Life and General Insurance Capital (LAGIC) Standards introduced by the Australian Prudential Regulation Authority (APRA) in 2013. "The credit stress portion of LAGIC's overall asset risk charge (ARC) is rating-based so any downgrade of ...

Life revenue drops, profit increases

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... revenue. Releasing its quarterly life insurance performance statistics yesterday, the Australian Prudential Regulation Authority (APRA) said in the past 12 months life insurers posted total revenue of $28 billion, mainly comprised of net policy revenue ...

Brexit won't impact Australia greatly: Treasurer

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
... earlier this month reflecting the combined views of the Reserve Bank of Australia, the Australian Prudential Regulation Authority, the Australian Securities and Investments Commission, and Treasury. Treasurer Scott Morrison said the report showed Brexit's ...