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Showing 1 - 10 of 10 results for %22Thursday APRA%22

APRA consults on hybrid bond resilience

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... concerns design features would not be resilient enough to withstand a banking crisis. APRA released its discussion paper on Thursday, citing the challenges of hybrid bonds, also known as AT1 capital instruments. APRA explained many hybrids are held by ...

Super, ASIC beneficiaries of advice challenges: Hearing

JAMIE WILLIAMSON  |  FRIDAY, 30 JUL 2021
... superannuation funds are the only ones benefiting from increasing costs. Appearing before the Standing Committee on Economics on Thursday afternoon, Synchron chair Michael Harrison was asked by Liberal MP Jason Falinski who benefits from Australians ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... Australians early access to their superannuation. Appearing alongside ASIC before the Senate Select Committee on COVID-19 on Thursday, APRA revealed superannuation funds haven't had any serious liquidity issues as a result of the Early Release Scheme ...

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... McGrath Nicol's appointment, Sargon said. None of Sargon's subsidiaries are in administration, it added. As of Thursday afternoon, OneVue entered a trading halt, pending a statement about the developments at Sargon. OneVue Holdings sold its Diversa ...

APRA, ASIC welcome Productivity Commission's superannuation report

HARRISON WORLEY  |  FRIDAY, 11 JAN 2019
... report's findings, and noted recommendations to strengthen their capabilities were pleasing. In a media release on Thursday APRA said it welcomed the Productivity Commission's calls to grant the regulator additional powers to force superannuation funds ...

Market Wrap AM

AAP  |  MONDAY, 1 DEC 2014
... punished on weaker oil prices. The selloffs came after the 12-nation Organisation of Petroleum Exporting Countries (OPEC) on Thursday maintained its collective output ceiling at 30 million barrels per day, where it has stood for three years, despite ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
... were to have any impact on Australian policyholders. To rescue the bail-out, Congress will vote again on the bill on Thursday. Complicating the vote however is the highly charged US presidential race, said Christopher Page, Rainmaker managing director ...

Transition to IFRS will be smooth; APRA

The Australian Prudential Regulation Authority (APRA) on Thursday said it would provide a six month respite period before implementing any prudential amendments after new accounting standards take effect from 1 January 2005. The Australian Accounting ...

St George Bank launches $200 million in subordinated notes

... expected the notes will be rated A- by Standard & Poor's, A# by Moody's and A by Fitch. Pricing is expected on or before Thursday May 15. UBS Warburg has been appointed as lead manager and book runner for the issue. St.George Bank, ABN AMRO and Macquarie ...

APRA and what it means in 2003: Littrell speaks out

... effective surveillance and interference. Addressing the Global Association of Risk Professionals luncheon in Sydney on Thursday, Littrell said the stinging criticism directed at APRA in the wake of the HIH collapse had prompted a review of its approach. ...
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