Search Results | Showing 111 - 120 of 2132 results for %22APRA%22 |
| | | APRA and AUSTRAC have agreed to a court enforceable undertaking (CEU) following weakness in the bank's risk management and money laundering controls. APRA said it's acted following several beaches or its prudential standards and a review that ... |
| | | | ... business. Mandating Target Market Determinations and Direct Distribution Obligations, and instilling more powers into ASIC and APRA, were some of the effects. The fallout also included the near decimation of the financial advice sector, which saw the ... |
| | | | ... the Financial Institutions Supervisory Levies for the 2023-24 financial year, including a $7.2 million budgetary boost for APRA. Treasury papers revealed the total funding required under the levies in 2023-24 for all relevant Commonwealth agencies is ... |
| | | | ... year to March saw MySuper assets grow 5.1% to surpass the previous high reached in December 2021 of $947 billion, the latest APRA statistics show. The total superannuation asset pool hit $3.5 trillion, increasing steadily at 1.1% year on year. Contribution ... |
| | | | ... claimed that locating and proving these records would be time-consuming and expensive, AFCA escalated the matter to ASIC and APRA. Another troubling discovery pertained to the inappropriate lapse of members' default insurance. AFCA said a trustee ... |
| | | | Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ... |
| | | | ... to ensure their social media handles provide relevant and helpful information to members," Bathi said. Finally, previous APRA Cyber Security Results revealed an increase in sophisticated cyber incidents in the superannuation industry. Earlier this year ... |
| | | | Hostplus says the growth has been driven by a combination of mergers and strong member growth. According to APRA data, as of June 2022 the fund had about $82.5 billion in FUM. Less than 12 months later, it has tipped over $100 billion, held on behalf ... |
| | | | ... calling on all funds to review their processes and follow AustralianSuper's example by reporting the outcome to ASIC and APRA. Where funds are not complying, we expect strong transparent action from the funds and regulators. "It's important we ... |
| | | | ... 18 months on from the funds signing a Memorandum of Understanding in December 2021. This followed EISS Super being told by APRA that it must merge, as well as a failed merger attempt with TWUSUPER. Cbus chair Wayne Swan said preparation for the merger ... |
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