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

Search Results

Showing 121 - 130 of 1005 results for "Financial System"

ASIC locks eyes on super industry

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... across Australia's markets. "The integrity of our markets is fundamental to maintaining trust in Australia's financial system which is core to ASIC's remit," Longo said. "Trust in the financial system and markets means greater confidence which means ...

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... challenges in human capital management. He added that the potential for unrest is a risk that affects the whole financial system. Lastly, the rapid pace of change in markets, driven by innovations like artificial intelligence, has brought economic benefits ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
... Banking Forum. "And we also know that without them, large parts of the Pacific risk being cut off from the global financial system. At stake here is the ability of the Pacific to engage with the world." Assistant treasurer Stephen Jones told the forum ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... expectations," the report reads. "Addressing the challenges faced by ASIC, and the broader challenges in Australia's financial system, requires strong action from the Australian government. It also requires ASIC's leadership to critically reflect ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... retirement savings that they oversee. "Ensuring the safety of this money is imperative to members and the Australian financial system. Trustee boards of these RSE licensees need to be well-prepared for events that may impact the financial viability of ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... have resilient, secure, and sustainable technology," Lofthouse said. "Given the importance of technology to the financial system, we prioritise safe implementation and operation. This is a multi-year program of work, which encompasses the delivery of ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
... reduced recession risks and lower inflation, it remains crucial that we build further on the resilience of the financial system in the light of global economic and geopolitical uncertainty," he said. Commenting on the rate cut, Principal Asset Management ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... work to deliver good retirement outcomes for clients and members to uphold member trust and the integrity of the financial system," the regulator said. "This includes notifying ASIC when becoming aware of activity associated with unscrupulous cold calling ...

Adam Blumenthal ordered to pay $850k

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... of interest, and that serious consequences are imposed for contraventions to help maintain confidence in the financial system," Longo said. The court also ordered Blumenthal to pay $100,000 towards ASIC's costs of the proceeding.

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... growth continues with limited oversight, existing vulnerabilities could become a systemic risk for the broader financial system." The IMF said companies that tap the private credit market tend to be smaller and carry more debt compared to their counterparts ...