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Showing 1351 - 1360 of 3210 results for "Power"

Fearless Girl comes to Melbourne

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
Cbus and HESTA, together with Maurice Blackburn, will bring the Fearless Girl statue to Australia in bid to stand for equality and diversity. The 50-inch bronze statue of a little girl standing defiantly in front of Wall Street's famous Charging ...

Former ambassador assesses US-China trade deal

KANIKA SOOD  |  THURSDAY, 7 FEB 2019
... cold war. China enjoyed 20 years of integrating into the wider world economy. This period ended when Xi Jinping came to power, even if it wasn't realised at the time, Thawley said. "People were very slow to understand just how ambitious Xi Jinping ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS Act), including giving APRA a power to issue directions to RSE licensees. "It may be that, in particular circumstances, addressing a stalled merger would be an ...

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... Sector Penalties) Bill 2018 (Cth) is enacted, which gives ASIC disgorgement remedies in civil proceedings and a directions power, which extends to ordering remediation. Hayne's enforcement solution The Commissioner has already ruled out handing over ...

Superannuation to face BEAR: Hayne

KARREN VERGARA  |  TUESDAY, 5 FEB 2019
... Hayne said appropriate consequences should follow for those accountable. He sees ASIC undertaking a regulatory role with the power to commence proceedings with respect to accountability obligations, namely consumer protection and market conduct matters. ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne took a hard-line against hawking superannuation products and the practices of "treating" employers in his final Royal Commission report. Hayne wants the hawking or unsolicited offer of superannuation products to be prohibited ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... the insurance law towards community expectations." She said that in recommending Life Insurance Code of Practice have the power to sanction, Hayne had actually gone a step further than ASIC enforcement taskforce's previous recommendations. The proposed ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
The banking, superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... corporate regulator's responsibility is the relationship between RSE licensees and consumers, and added ASIC should be given power to enforce all provisions in the SIS Act which are or will become civil penalty provisions.

QIC signs US investment partnership

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
QIC is investing in a Boston university's parking systems as part of a 50-year partnership, building its American infrastructure presence. QIC Global Infrastructure has formed a new company MasParc and Mobility LLC that will take over the management ...