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Showing 1341 - 1350 of 2809 results for "Regulation"

Capital raising not total solution: CIFR

DARREN SNYDER  |  THURSDAY, 13 AUG 2015
A study from the Centre for International Finance and Regulation (CIFR) suggests that on top of banks increasing capital, more can be done to improve their financial stability. The study says in addition to banks increasing capital, compensation structures ...

CBA profit tops $9 billion

DARREN SNYDER  |  WEDNESDAY, 12 AUG 2015
... unusually large number of weather event claims in New South Wales and Queensland. In line with Australian Prudential Regulation Authority requirements the bank has launched a $5 billion capital raising that will see an opportunity for eligible shareholders ...

Regulation is not the only answer: Herbert Smith Freehills

LAURA MILLAN  |  WEDNESDAY, 12 AUG 2015
... additional rules doesn't solve the problem if people can safely assume it's unlikely they will be caught." He warned that regulation won't stop financial advisers "fleecing clients if they want to," Donald added, while "those who are inclined to do the ...

Super board changes ignore past lessons: Bowen

DARREN SNYDER  |  FRIDAY, 7 AUG 2015
... could, for example, be removed entirely from a super fund board." He added funds regulated by the Australian Prudential Regulation Authority (APRA) are required to continuously report on the composition of their boards and whether boards and individual ...

Rethinking robo regulation

MARK SMITH  |  THURSDAY, 6 AUG 2015
... of advice between a client and a human adviser. "Trust is the most important plank in the system as laid out in the regulation. How can a machine respond to fiduciary duty? How can it take personal circumstances into consideration?" he asks. "The word ...

Most members actively choose MySuper: research

DARREN SNYDER  |  WEDNESDAY, 5 AUG 2015
A study by the Centre for International Finance and Regulation (CIFR) shows about two-thirds of default superannuation members are actively choosing to enter a deafult option. From the study 'Delegation, trust and defaulting in retirement savings: Perspectives ...

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... plans to have at least one-third independent directors on super fund boards. In a letter to the Australian Prudential Regulation Authority (APRA), the association has asked that all RSE licensees be given until 31 December 2016 to prepare their transition ...

China FTA gives Australia "first mover advantage"

LAURA MILLAN  |  MONDAY, 3 AUG 2015
... on" and to capitalise on the benefits and opportunities, the agreement must be implemented and Australian domestic regulation must be reformed. He said that Australia should create collective investment vehicle structures, as Australian unit trusts can ...

APRA workload for boards does not rate

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
Meetings between the Australian Prudential Regulation Authority (APRA) and company boards are considered good value yet the workload placed on boards by the regulator does not rate highly. This is the view of more than 450 directors from deposit-taking ...

EU instos shed banks, set up alternative trading venues

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
... broker and provider of post trade risk services, has detected this trend in Europe, following the introduction of new regulation that requires banks to hold more capital. As a consequence, bank liquidity has diminished and they have been unable to meet ...