Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1381 - 1390 of 2809 results for "Regulation"

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... industry," even if it did potentially "introduce an element of regulatory moral hazard by reducing incentive for stringent regulation." ANZ deputy chief executive Graham Hodges, meanwhile, argued that large institutions shouldn't have to fund the insurance ...

Australian advisers court Chinese investors

ALEX BURKE  |  MONDAY, 4 MAY 2015
The Asia Pacific Stock Exchange has partnered with AIMS Financial Group to host 200 Australian financial advisers in China in a series of meetings with Chinese investors, institutions and regulators. The advisers, sourced from the Association of Independently ...

Superannuation trustees under the spotlight: APRA

DARREN SNYDER  |  THURSDAY, 30 APR 2015
... lack understanding of their fund's investment strategy and underlying investments, according to Australian Prudential Regulation Authority (APRA) member Helen Rowell. Speaking at a recent banking and wealth summit in Sydney, Rowell said some trustees ...

APRA releases super reporting standards

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
The Australian Prudential Regulation Authority (APRA) has released 31 reporting standards for the superannuation industry, five of which are still open for further consultation. The final reporting standards will commence on 30 June or 1 July and changes ...

Volcker Alliance proposes new US regulator system

ALEX DUNNIN  |  MONDAY, 27 APR 2015
... led by former US Federal Reserve Chair Paul Volcker, have released a report arguing that the structure of financial regulation in the US still needs major urgent reform. In the report titled "Reshaping The Financial Regulatory System, Long Delayed, Now ...

Don't blame "churning" on advisers: Synchron

LAURA MILLAN  |  MONDAY, 20 APR 2015
... responsibility periods. However, in Australia insurers have declined to act and are seeking Government intervention or regulation and blaming all issues on the advice channel, the company said. In light of the Australian Securities and Investments Commission ...

Thousands take-up AustralianSuper clearing house

DARREN SNYDER  |  THURSDAY, 16 APR 2015
More than 26,000 Australian companies have taken up the offer of a specialised funds clearing house supported by AustralianSuper. Known as QuickSuper, owned and operated by Westpac, the online program manages super payments for companies of all sizes ...

FEATURE: How boutiques got their groove back

STAFF WRITER  |  WEDNESDAY, 15 APR 2015
... out-source," he says. "There's no doubt that we've seen a ramping up of governance requirements in recent years as driven by regulation. There's greater attention paid to operation due diligence and monitoring. Larger houses have the scale to do that ...

Digital currency continues to be monitored: RBA

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... interest concerns, the Bank would consider whether it would be desirable and feasible to 'designate' it as subject to regulation and to then impose standards on participants in that system." "The Bank will also be assessing whether the regulatory framework ...

Regulatory changes stifling innovation

ALEX BURKE  |  TUESDAY, 7 APR 2015
... other senior management in the super industry. According to the paper, an "overwhelming majority" of respondents cited regulation as the prime barrier to innovation in their fund. Furthermore, 71% of participants felt regulation was only going to increase ...