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Showing 1281 - 1290 of 1799 results for "Regulation 2014"

APRA executive appointed secretary general of Basel

CLAIRE MCGREAL  |  FRIDAY, 14 OCT 2011
Australian Wayne Byres has been appointed as the new secretary general of global banking standard-setting body, the Basel Committee on Banking Supervision. Byres has been at the helm of the Australian Prudential Regulation Authority (APRA) as executive ...

Government publishes core elements of MySuper draft

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
The Government has provided a two-week window for submissions on draft legislation on the core elements of MySuper as it presses ahead with plans to introduce the default super product from July 2013. Having outlined the structure of Stronger Super ...

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Australian Prudential Regulation Authority will demand greater transparency on board selection, remuneration and manager selection and insist upon higher capital holdings among super funds. APRA, which is entitled to set prudential standards from ...

ASIC opens dialogue with hedge funds

RACHEL DAVIS  |  THURSDAY, 15 SEP 2011
Greg Medcraft told the Alternative Investment Association (AIMA) Australian Hedge Fund Forum in Sydney that greater regulatory focus on the hedge fund industry is a post-GFC fact of life, but that it is part of a new dialogue. The new ASIC chairman ...

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
APRA's guidance on contribution, benefit accrual and payment standards are facing changes after the regulator released two new draft guidelines on the legislative requirements. The Australian Prudential Regulation Authority (APRA) has released two draft ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
The superannuation industry was unable to grow during the June 2011 quarter, as benefit payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
Trio Capital directors, Rex Phillpott and David Andrews, have conceded to APRA that with the benefit of hindsight they should have acted differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The ...

Smaller lenders to take brunt of Basel III reforms

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
Smaller institutions such as credit unions and building societies are likely to be hardest hit by the Basel III capital reforms, said PwC, following the Australian Prudential Regulation Authority's release of a discussion paper on the subject. APRA ...

Life insurance revenue down 13.9%

ELISE BURGESS  |  WEDNESDAY, 7 SEP 2011
Life insurance industry revenue declined by over $2 billion in the 12 months to June 30, according to the latest Quarterly Life Insurance Performance Statistics from APRA. Australia's life insurance industry revenue fell to $31.5 billion in the 12 months ...

IFM hits back at claims it plays politics with super fund money

ALISON BEVEGE  |  FRIDAY, 26 AUG 2011
The chief executive of asset manager Industry Funds Management has hit back at press reports about his organisation's plan to run clean energy advertisements to coincide with the Labor Government's carbon tax campaign, calling the coverage "inaccurate". ...