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Showing 91 - 100 of 979 results for "Financial System"

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... effective provision of services..." she said. "Collectively, these new powers help ASIC ensure the Australian financial system is supported by resilient, efficient, and stable financial market infrastructures." ASIC is reviewing its approach to the regulation ...

ASIC cancels AFSL of foreign exchange contracts issuer

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
... provide financial services and support confident and informed participation of investors and consumers in the financial system".

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... heightened financial risk globally. "Over recent years, APRA's size and responsibilities have increased as the financial system has grown in scale and complexity. The interconnected nature of our digital environment means shocks travel across countries ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... services during a crisis event, intended as a last resort where financial failure threatens the stability of the financial system. "The funds allow the Reserve Bank to step in to resolve the business of the clearing and settlement service; the funds ...

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... across Australia's markets. "The integrity of our markets is fundamental to maintaining trust in Australia's financial system which is core to ASIC's remit," Longo said. "Trust in the financial system and markets means greater confidence which means ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... challenges in human capital management. He added that the potential for unrest is a risk that affects the whole financial system. Lastly, the rapid pace of change in markets, driven by innovations like artificial intelligence, has brought economic benefits ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... Banking Forum. "And we also know that without them, large parts of the Pacific risk being cut off from the global financial system. At stake here is the ability of the Pacific to engage with the world." Assistant treasurer Stephen Jones told the forum ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... expectations," the report reads. "Addressing the challenges faced by ASIC, and the broader challenges in Australia's financial system, requires strong action from the Australian government. It also requires ASIC's leadership to critically reflect ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... retirement savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared for events that may impact the financial viability of ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... have resilient, secure, and sustainable technology," Lofthouse said. "Given the importance of technology to the financial system, we prioritise safe implementation and operation. This is a multi-year program of work, which encompasses the delivery of ...