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Showing 111 - 120 of 625 results for "Financial Sector"

Risk roles on the rise: SEEK

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
... year, as business continue to respond to more active regulators." Risk will continue to mean big business for the financial sector. "Compliance officers, directors of risk and audit, operations risk and risk and business continuity roles are contributing ...

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... issues of poor risk governance, misaligned incentives and misconduct that have undermined public confidence in the financial sector over recent years. It is, we believe, at the forefront of international practice in many areas."

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... industry, but chair Tim Wilson MP said the hearings are an important part of the committee's review into the financial sector. "As the superannuation system is a significant mechanism enabling Australians to support themselves in retirement, it is crucial ...

ASIC casts doubt over Dollarmites

ELIZABETH MCARTHUR  |  TUESDAY, 1 OCT 2019
... banking programs can have on students, parents and school communities, as part of our responsibility to ensure the financial sector is delivering for all Australians, and especially for future generations of financial consumers." CBA welcomed ASIC's ...

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
... and regtech may give for Australian consumers and business; barriers to the uptake of new technologies in the financial sector; and the progress in reforming fintech facilitation and how it compares to other global regimes. Also to be looked at are current ...

Surprise $56 billion bid for London Stock Exchange

ELIZA BAVIN  |  THURSDAY, 12 SEP 2019
... Refinitiv takeover does not. The bid comes at a crucial time for both, with Britain looking to strengthen its financial sector in the face of a looming Brexit, and Hong Kong embroiled in political turmoil. Charles Li, chief executive of HKEX, said: "Bringing ...

APRA updates enforcement approach

KRISTI CHENG  |  WEDNESDAY, 4 SEP 2019
... will be exposing themselves to potential penalties, he added. "As the central statistical agency for Australia's financial sector, including other regulators, APRA must ensure the data we receive is timely and accurate," he said. "As last month's fine ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Challenger has appointed a non-executive director from MS&AD Insurance Group Holdings as part of its expanded strategic relationship with the Japanese insurer. Masahiko Kobayashi joins the Challenger board as part of the strategic relationship which ...

Japanese insurer gets Treasury tick to up Challenger stake

KANIKA SOOD  |  MONDAY, 19 AUG 2019
A Japanese insurer that owns about 16% of Challenger has received the green light from the Treasury to increase its stake in the company. In March, MS&AD announced its intention to take its stake in Challenger over 15% and seek board representation. ...

ASIC accelerates enforcement

ELIZABETH MCARTHUR  |  MONDAY, 19 AUG 2019
In ASIC's latest enforcement update, the regulator has made clear it is accelerating enforcement action now that the Office of Enforcement is open for business. From January to June 2019, 10 individuals were charged in criminal proceedings brought by ...