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Showing 111 - 120 of 979 results for "Financial System"

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... designed to consider the impact of these regulations on the Australian economy, the integrity and stability of the financial system, and the competitive landscape of CS services. It mandates that the minister must consult and consider advice from financial ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... investors and companies make more informed investment decisions and lay the foundation for a stronger, more robust financial system," Treasurer Jim Chalmers said. "The government is taking a balanced approach with these changes following extensive consultation ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... benefits of financial advice far outweigh the cost for average as well as wealthy Australians," she said. "We have a financial system that's so complex that the average Australian simply can't navigate it on their own and will miss many opportunities ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... Monetary Policy Board and a separate Governance Board, while also clarifying the RBA's obligation to contribute to financial system stability. Chalmers commented that the proposed legislation reflects the government's objective of maintaining a "world ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... AML/CTF obligations. Businesses like Gold Corporation are the front line of defence in protecting Australia's financial system from exploitation by criminals." The news has been welcomed by Pert Mint, which acknowledged that compliance issues were ...

Small, large entity regulation needs balance: APRA

KARREN VERGARA  |  WEDNESDAY, 22 NOV 2023
... such as Silicon Valley Bank and the collapse of Credit Suisse. "It was probably the test of the [Australian] financial system that we've got and the prudential regulation that goes around that. I'm very proud of the team, the work that was done ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... for the virtual currency industry. Any institution, wherever located, that wants to reap the benefits of the US financial system must also play by the rules that keep us all safe from terrorists, foreign adversaries, and crime or face the consequence ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
... securitisation," Kearns said. "It is pleasing to see that the securitisation market has played its part in a resilient financial system that mitigated the impact of the pandemic on the economy." Elsewhere, Gryphon Capital Investments chief executive ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... signalled that tackling misconduct is a "key priority" and requisite to maintaining trust and integrity in the financial system. The corporate regulator's update highlighted its actions from July to September, including a civil penalty imposed on AustralianSuper ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
Greg Thomas and Michael Volkiene will join the private credit fund manager as its chief operating officer and general manager, loan origination and credit, respectively. Thomas brings over 24 years of experience in funds management to the role and joins ...