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Showing 61 - 70 of 164 results for "Taskforce"

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... early 2016. "We are pleased the Government has agreed to adopt recommendations from the 2017 ASIC Enforcement Review Taskforce Report, which includes a directions power. This would allow ASIC to direct AFS licensees to establish suitable customer review ...

Government launches TPB review

HARRISON WORLEY  |  WEDNESDAY, 6 MAR 2019
... governance framework, and would also give the Government the opportunity to "address issues" arising from the Black Economy Taskforce's final report. Former deputy chair of the Board of Taxation, Keith James will chair the review. James' leadership in ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... prioritised, ASIC said. ASIC said all work is being undertaken with its new 'Why not litigate?' mantra in mind, with a taskforce now in place to establish a dedicated Office of Enforcement within ASIC. The move will see enforcement staff separated as ...

ACSA creates managed fund taskforce

HARRISON WORLEY  |  MONDAY, 11 FEB 2019
The Australian Custodial Services Association will facilitate an industry taskforce to help address what it deems "systemic" obstacles in servicing managed funds and encourage more standards and automation in the local market. ACSA said that in surveying ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... senior representatives from the Rural Financial Counselling Service (RFCS) having recently attended a Drought Finance Taskforce meeting and shared observations about client experiences as well as the RFCS' relationships with banks," Treasury said. Financial ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER  |  TUESDAY, 5 FEB 2019
Shadow Treasurer Chris Bowen said a Labor government will establish a Treasury taskforce to help implement all of the recommendations from the banking and financial services Royal Commission. Responding immediately after the public release of the Royal ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

PC calls for group insurance review

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
... the Insurance in Superannuation Voluntary Code of Practice to be binding and enforceable, and that a joint regulator taskforce is set up to make it more effective. ASIC and APRA should be members of the taskforce, with ASIC taking the lead, it recommended. ...

Productivity Commission shakes up default superannuation

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... annually. Also on the insurance front, the Commission recommended the Federal Government to establish a joint regulator taskforce to advance the Insurance in Superannuation Voluntary Code of Practice. Its aim is to monitor and report on funds adopting ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... Office (ATO) will receive more than $182 million over four years from 2019-20 to extend the Serious Financial Crime Taskforce - one that "targets the most serious crimes that present the highest risk to Australia's tax and superannuation systems." ...