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Showing 1211 - 1220 of 1799 results for "Regulation 2014"

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
The Australian Prudential Regulation Authority (APRA) has issued the long awaited final version of its new bank capital rules, known as Basel III, which are scheduled to come into full effect from next year. The Basel III capital framework was introduced ...

AMP Capital chases Asian growth

BEN COLLINS  |  TUESDAY, 25 SEP 2012
Retail and institutional investors will be targeted in China and Japan, as AMP Capital chases growth in the Asian region. Plans to provide retail offerings to the Chinese market were currently stalled by laws preventing life companies owning funds management ...

ATO stands up for compliant SMSFs on levy use

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
ATO assistant commissioner Stuart Forsyth has told an industry event it is unfair compliant SMSFs have to see a portion of their levy go towards catching out those funds which do not operate properly. Forsyth said the current open registration system ...

Outsourcing risk worries APRA

BEN COLLINS  |  FRIDAY, 21 SEP 2012
Concern over banks increasing their use of overseas outsourcing without appropriate due diligence, has been flagged by the Prudential Regulation Authority in its Insight paper, published earlier in the week. A focus on cost control by Australian deposit ...

A stock market rally could get Obama over the line

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
Despite a common perception that the Republican Party is good for business, over the past 12 elections spanning 48 years, the S&P 500 has in fact delivered higher average annual returns under Democratic governments. That's according to a recent paper ...

Greater teamwork for ESG: Towers Watson

BEN COLLINS  |  FRIDAY, 14 SEP 2012
Governments, asset owners and corporations will need to work together in a stronger partnership to achieve a sustainable investment future, new research from Towers Watson has found. After surveying 22 asset managers in conjunction with Oxford University ...

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
Proposed new changes from Treasury would see the prudential regulator awarded pre-emptive powers to remove trustees, directors or officers of a superannuation fund where a breach of law was anticipated. The move was part of a broad-reaching consultation ...

ISN blasts FSC's independence policy

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
The Financial Services Council's definition of independence is "novel," said David Whiteley, chief executive, Industry Super Network (ISN). Policy released last month by the representative body provided mandatory guidelines that said a majority of directors ...

J.P. Morgan wins custodial services mandate

BEN COLLINS  |  TUESDAY, 11 SEP 2012
J.P. Morgan Worldwide Securities Services (WSS) has won a mandate to provide custodial and fund administration services to a number of additional Mosaic Portfolio Advisers (MPA) Limited funds. Mosaic is a wholly owned subsidiary of ASX - listed wealth ...

New CEO for Sydney de-sal after June refinance

MELANIE TIMBRELL  |  FRIDAY, 7 SEP 2012
The Sydney Desalination Plant has appointed former Queensland Coordinator-General Keith Davies as chief executive officer. The appointment was effective August 27 and follows the June 2012 refinance of the operation by the NSW State Government which ...