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Showing 1191 - 1200 of 10614 results for "Standard"

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
APRA has finalised Prudential Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... was formed when Future Super acquired the Aon Master Trust in 2021. A Future Super Group spokesperson told Financial Standard the Smart Future Trust acquisition was a key part of the group's strategy to grow its funds under management to $30 billion ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... said. Barr explained any proposed changes to better align capital requirements with risk-taking would go through the standard notice-and-comment rulemaking process. "... allowing all interested parties ample time to weigh in on the proposed changes. ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... investment performance and expansive global distribution footprint. GQG managing director Laird Abernethy told Financial Standard : "2022 was a challenging year for the industry given global equity market returns and overall industry net outflows. Against ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... NGA appointed Dan Heckendorf as chief financial officer amid growth plans. At the time, a spokesperson told Financial Standard that the role was previously outsourced, however due to the firm's growing size and scale it was the right time to secure ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... well. International equities returned around 18%," Aware Super chief investment officer Damian Graham told Financial Standard. "Importantly, though, this result isn't just a reflection of strong equity markets. Diversification has played a key role ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... the acquisition of Credit Suisse Asset Management Australia in 2009, the merger between Aberdeen Asset Management and Standard Life in 2017, and most recently, the restructure of abrdn's Australia business. This story first appeared on Industry M ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... place at all. "APRA encourages every entity to review those common weaknesses outlined above, along with the prudential standard itself, and incorporate relevant strategies and plans to address shortfalls in their cyber security controls and governance ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules. In handing down ...

RBA pause short but sweet: Mousina

CASSANDRA BALDINI  |  WEDNESDAY, 5 JUL 2023
... 4.1% is a relief, but likely only a temporary one. AMP Australia deputy chief economist Diana Mousina told Financial Standard the RBA decided to hold and observe the impacts of prior hikes, however more should be expected. "They've already done 400 ...