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Showing 61 - 70 of 530 results for "Prudential Regulation Authority"

UK regulator increases support for new starters

JAMIE WILLIAMSON  |  FRIDAY, 29 SEP 2017
... objectives," she said. The FCA already operates a similar initiative for new banks with the UK's Prudential Regulation Authority, and Butler hinted at the potential for such services to be expanded into other segments of the financial services market. ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
The Australian Prudential Regulation Authority appointed three highly experienced panel members to conduct an inquiry into the governance, culture and accountability frameworks of the Commonwealth Bank. Chairman of the Banking and Finance Oath, John ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
The Australian Prudential Regulation Authority will consult on a raft of proposed changes to the superannuation prudential framework, in an effort to lift operation governance practices of regulated superannuation trustees. The proposals were outlined ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... opinion follows a speech to the Insurance Council of Australia in February 2017 by Australian Prudential Regulation Authority (APRA) executive board member Geoff Summerhayes, in which he noted that climate risks "have often been seen as future or [a] ...

UK regtech expands Australian footprint

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2017
The overhaul of regulatory reporting requirements by the Australian Prudential Regulation Authority is behind a global regtech provider's decision to expand its Australasian operations. Having already established an Australian presence, London-based ...

SMSF auditors merge

EMMA RAPAPORT  |  TUESDAY, 1 AUG 2017
... managing $653.8 billion in assets, according to the latest statistics released by the Australian Prudential Regulation Authority and the Australian Taxation Office. The average balance of an SMSF now exceeds $1.1 million, with the average account balance ...

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 ...