Search ResultsShowing 1 - 10 of 21 results for "Banking Executive Accountability Regime"
APRA self-assesses shortcomings
KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... their skills and experience. Given the banking Royal Commission advocated for the Banking Executive Accountability Regime (BEAR) should be extended to superannuation, APRA said it is working with the Government to implement this recommendation.
Regulators receive pre-Budget funding boost
HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... APRA's extra $150 million in funding will see the prudential regulator extend the Banking Executive Accountability Regime (BEAR) to all APRA-regulated entitles, including super funds and insurers; and greater supervision intensity across ...
Royal Commission will guide remuneration standard: APRA
DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
... accountability. He said the regulator has consistently supported the view that the Banking Executive Accountability Regime (BEAR) cover other APRA-regulated industries such as superannuation and life insurance. He also reminded the industry that ...
Superannuation to face BEAR: Hayne
KARREN VERGARA  |  TUESDAY, 5 FEB 2019
The Banking Executive Accountability Regime should be extended to superannuation. This is one of nine recommendations for the superannuation sector Commissioner Kenneth Hayne has pushed for in his final report released overnight. The BEAR came into ...
Commonwealth FP fails to meet EU obligations
JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... to be provided from Commonwealth Bank's accountable person - as under the Banking Executive Accountability Regime - around CFPL's remediation efforts. The attestation and final report were due on 31 January but were not delivered. ...
Industry dubious about one regulatory body: Survey
KARREN VERGARA  |  MONDAY, 10 DEC 2018
... Royal Commission that the prudential regulator is still uncertain in how it will enforce the Banking Executive Accountability Regime if it is breached. This week's poll asks: Will post-retirement products gain more adviser traction in 2019 ?
APRA not clear how to police BEAR breaches
KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... resources and a broader enforcement strategy review that it is undertaking. The Banking Executive Accountability Regime (BEAR) kicked into effect for CBA, NAB, ANZ and Westpac five months ago on July 1. It gives the prudential regulator two ...
Former planner charged with dishonesty
HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... laid. ASIC's action comes after chair James Shipton faced the Royal Commission last week in Sydney. During the hearing, Shipton said he was in favour of applying the Banking Executive Accountability Regime to the corporate regulator's senior staff.
BEAR should be expanded, ASIC included: Shipton
JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton said he is in favour of applying the Banking Executive Accountability Regime to senior ASIC staff while being quizzed on the regulator's current governance. After telling Senior Counsel Assisting Rowena Orr that he believes ...
APRA readies ADIs for BEAR
KARREN VERGARA  |  THURSDAY, 18 OCT 2018
APRA is helping authorised deposit-taking institutions brace for the Banking Executive Accountability Regime, which is set to take effect on 1 July 2019. The prudential regulator released guidance for the smaller players in the banking and finance ...
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