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Showing 101 - 110 of 296 results for "Financial stability"

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... Productivity Commission's final report on superannuation and competition in the Australian financial system, IMF's Financial Stability Assessment of Australia and APRA's own internal enforcement review. "The panel should to the extent relevant take into ...

Former Westpac GM joins APRA review

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... Spencer. Spencer formerly held senior roles at the International Monetary Fund and was also previously head of financial stability and acting governor at the RBNZ. The two will work with former ACCC chair Graeme Samuel, who the Government announced would ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability Report, in 2016 New Zealand-based life insurers paid financial advisers commissions of about 20%. This is well above Mexico ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
... In his speech before The Economic Club of New York on "The Federal Reserve's Framework for Monitoring Financial Stability," Powell declared: "Interest rates are still low by historical standards, and they remain just below the broad range of estimates ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... usage doesn't challenge the bank's mandate (for example, to promote competition), monetary policy or financial stability mandate. "There are only very limited links from cryptocurrencies to the traditional financial sector. Indeed, many financial ...

Instos partner with Canadian government

JAMIE WILLIAMSON  |  THURSDAY, 7 JUN 2018
... representatives of the partner institutions and outside consultants will assess efforts by various groups to adopt the Financial Stability Board's Task Force on Climate-related Financial Disclosures. They will then devise a unified approach and publish ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
... strong culture of customer and client-focused, ethical professionalism in banking, contributing to improved financial stability. The institute said in April that Australian consumers cared less about Royal Commission findings and were more concerned ...

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... definitely welcome this orderly slowdown in property price growth, particularly in terms of its efforts to lessen financial stability risks in the economy. Ben Ong is the Director of Economics and Investments at Rainmaker Group. He previously worked ...

Climate change a real risk for investors: Poll

KARREN VERGARA  |  MONDAY, 19 MAR 2018
... the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, to address systemic financial risk posed by climate change, the report ...

Industry fund chases insurance giant on climate risk

JAMIE WILLIAMSON  |  FRIDAY, 2 MAR 2018
... challenge for the company, with material ramifications for shareholders." The TCFD was established by the Financial Stability Board, chaired by Bank of England Governor Mark Carney, in order to address systemic financial risk posed by climate change. ...