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Showing 1351 - 1360 of 2809 results for "Regulation"

ISA voices strong opposition to "radical" super reform

LAURA MILLAN  |  MONDAY, 27 JUL 2015
... at preventing widespread misconduct." ISA said the draft legislation "is misdirected, imposes rigid and inflexible regulation, intrudes into the private affairs of a corporation without a rational or compelling basis, and will undermine the representative ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... expressed concern that the definition of independence will ultimately be in the hands of the Australian Prudential Regulation Authority (APRA). "These changes place the regulator in the role of being a law maker and a judge as well as jury," he added. ...

Perpetual, TAL advisers join independent firm

LAURA MILLAN  |  WEDNESDAY, 22 JUL 2015
... participation in the dealer group to full ownership by 2017. "Now that there is some clarity in relation to industry regulation, we have been able to firm up our strategic direction," Futuro managing director Dennis Bashford said at the time. MFS partner ...

Passive strategies benefit active managers

LAURA MILLAN  |  MONDAY, 20 JUL 2015
... highly sensitive to macroeconomic trends and we appreciate that as a macroeconomic risk," he said, but added that new regulation and a trend of concentration in the banking sector are set to benefit the Italian bank. "We are highly company specific ...

American IRAs not super funds

DARREN SNYDER  |  MONDAY, 20 JUL 2015
A recent decision by the Australian Administrative Appeals Tribunal (AAT) ruled that an American Individual Retirement Account (IRA) is not a superannuation fund for Australian Tax Purposes. In the case of Baker and Commissioner of Taxation, tribunal ...

Higher US rates will test investors' nerves: QIC

LAURA MILLAN  |  MONDAY, 20 JUL 2015
... easing programs. Other drivers are investors' demand for higher compensation to counter illiquidity caused by increased regulation in the finance sector, as well as an increased interest in the Chinese Renminbi as a currency. "Investors should understand ...

Australian fintech network established

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
... stating more than $12 billion is being invested globally in to fintech annually. NSW Minister for Innovation and Better Regulation, Victor Dominello, said financial services was a larger contributor to the state's economy than mining. Afiniation will ...

Banks need to increase capital ratios: APRA

DARREN SNYDER  |  MONDAY, 13 JUL 2015
The Australian Prudential Regulation Authority (APRA) believes the country's major banks will need to increase capital adequacy ratios by at least 200 basis points to be comfortably positioned in the top quartile of international peers. In response ...

Regulator clouding wealth management: PractiFI

DARREN SNYDER  |  THURSDAY, 9 JUL 2015
... outsourcing wealth management via cloud technology or shared computing services - as identified by the Australian Prudential Regulation Authority (APRA) - have sparked an impassioned response. On Monday APRA released an information paper discussing its ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
... at the Securities Exchanges Commission (SEC), arguing that under its current leadership it has been lax in enforcing regulation. Warren has been heavily criticised on Wall Street for using her growing influence to stall the replacement of SEC chairperson ...