Search Results | Showing 11 - 20 of 148 results for "ADI" |
| | ... takes up a directorship at the latter. The fledgling Islamic Bank Australia, which is currently operating under a restricted ADI, is due to launch some time in 2023-24. It is currently building and testing its products and infrastructure before it embarks ... |
| | | Treasury has proposed a 1.5% increase in 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 ... |
| | | APRA is pushing back the implementation of its new operational risk management standard following industry feedback. Prudential Standard CPS 230 Operational Risk Management (CPS 230) was initially intended to take effect 1 January 2024 but will now ... |
| | | ... reserve standards, requiring issuers to hold the full amount of their face value liabilities in accounts with an Australian ADI. Further, the Bill requires banks and financial institutions to disclose their use and management of foreign CBDCs in Australia ... |
| | | ... will target. "It may be that we need to look more closely at concentration risk in deposits and adjust requirements where an ADI has particularly high exposure to a particular industry or demographic," he said. "These types of contemplations are already ... |
| | | ... balances. Now it just represents 2% and 11%, respectively, as of November 2022, a level considerably lower than the banking (ADI) sector. And we note most loans of LTV > 80% would be subject to lenders mortgage insurance (LMI)," the whitepaper reads. ... |
| | | AMP Capital has purchased the newly developed 731-bed student accommodation facility from the Australian National University (ANU) for $112 million. The acquisition now makes AMP Capital Australia's largest investor in on-campus student accommodation ... |
| | | APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ... |
| | | Australia's mutual banks, building societies and credit unions (the mutuals) increased in net assets but fell in profitability over FY22. According to KPMG Mutuals Industry Review 2022, net assets jumped 7.8% to $11.2 billion, up from 5.5% growth ... |
| | | ... not create an expectation that other instruments will be called in similar circumstances. To meet these expectations, the ADI or insurer must be able to demonstrate that "the cost of issuing the replacement instrument is equal to or less than the cost ... |
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