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Showing 1071 - 1080 of 1257 results for "Prudential"

Former Zurich CFO banned by APRA

HAMISH MADDEN  |  THURSDAY, 2 NOV 2006
The Australian Prudential Regulation Authority (APRA) has disqualified the former Zurich Australian Insurance Limited (ZAIL) chief financial officer for his role in deliberately overstating the company's financial position. John Stanbridge was chief ...

APRA to flex its muscle with outsourcing deals

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
Under the terms of new prudential guidelines, the Australian Prudential Regulation Authority (APRA) will have the power to conduct onsite inspections of companies undertaking outsourcing work for financial institutions under its supervision. But signaling ...

China growth an uneven story: Keating

... about this - about the quality of the loans - but it cannot see into what it calls the black box of bank lending, so prudential supervisors are trying to get a grip on loan quality and how loans would stand up under strain and they're subjecting the ...

Audits pinching corporate funds: Trust

KATE HAGE  |  TUESDAY, 10 OCT 2006
... trustee Trust Company, particularly as the date for the first round risk management audits nears. Under the Austrailan Prudential Regulation Authority's (APRA) superannuation licensing requirements, funds will have both their risk management plan and ...

ACCC should regulate fund advertising: IFSA

ALEX DUNNIN  |  MONDAY, 9 OCT 2006
... ASIC is not a competition regulator," the IFSA submission explained. However, while IFSA acknowledges the Australian Prudential and Regulation Authority (APRA) has already spoken out to clarify their position regarding advertising, IFSA believes there ...

Super assets surge to $914 billion

ALEX DUNNIN  |  THURSDAY, 28 SEP 2006
... investment returns and strong inflows, up 19.8 per cent over the last 12 months. The results are contained in the Australian Prudential Regulation Authority's (APRA) latest June 2006 Quarterly Superannuation Performance report. The strength of investor ...

Members Equity seeks alternative source of capital

WWW.THESHEET.COM  |  MONDAY, 18 SEP 2006
... alternative sources of quasi-equity in light of a series of policy changes by the banking regulator. The Australian Prudential Regulation Authority will no longer recognise securitisation of the profit margin of a lender's securitised loan pools - usually ...

Taxman fee for DIY funds trebles

... are more SMSFs now and clearly there's more compliance required for the sector." Put in perspective, the Australian Prudential Regulatory Authority (APRA) charges small APRA funds a higher supervisory levy of $500 per year while public offer funds are ...

Another HIH exec faces the music

HAMISH MADDEN  |  THURSDAY, 7 SEP 2006
... purpose as an officer of HIH; acting with reckless disregard in making false or misleading statements to the Australian Prudential Regulation Authority (APRA); and acting with reckless disregard in the making of a false or misleading statement to APRA ...

SEC hits fraudulent insurer with $790m penalty

... financial services regulator the Australian Securities and Investments Commission (ASIC), has ordered life insurer Prudential Equity Group (PEG) to pay $790 million (US$600 million) for defrauding mutual fund investors. The regulator alleged that former ...