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Showing 121 - 130 of 937 results for "Inquiry"

APRA opens margin requirement talks

HARRISON WORLEY  |  THURSDAY, 15 AUG 2019
... the extra capital requirement - the first applied to an institution outside the big four banks since the CBA prudential inquiry - would remain in place until its remediation work was complete and identified gaps were closed.

APRA hits Allianz over risk

HARRISON WORLEY  |  WEDNESDAY, 14 AUG 2019
... its governance. The additional capital requirement is the fifth applied by APRA in the wake of the landmark prudential inquiry into the Commonwealth Bank, which showed the bank's operational risk management framework "worked better on paper than in practice". ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing Committee ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... mature and strong. New South Wales Labor Senator Deborah O'Neill successfully moved to refer the auditing sector to an inquiry by the Parliamentary Joint Committee on Corporations and Financial Services in Parliament yesterday, with a final report ...

Member interests delay recommended

HARRISON WORLEY  |  WEDNESDAY, 24 JUL 2019
... Government's member interests superannuation reforms through Parliament, almost untouched. Releasing the report into its inquiry of the Putting Members Interests First Bill (PMIF), the committee made just two recommendations: to delay the implementation ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... services, Women in Super (WIS), has condemned the bill in a submission to the Senate Economics Legislation Committee's inquiry into the Government's proposal. Steadfastly refusing to support the Putting Members Interests First Bill (PMIF), WIS' ...

Advice associations weigh in on member interests bill

HARRISON WORLEY  |  FRIDAY, 19 JUL 2019
... unachievable and unreasonable timeframe," Anderson said. "We also make the point that a one-week timeframe to respond to this Inquiry, for such an important piece of legislation, is particularly challenging and will increase the risk of key issues not ...

Much review about nothing

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... implementation and ongoing compliance costs which ultimately need to be paid by all or nearly all fund members. "Every inquiry takes the time and energy of the senior staff of funds. It would be good to get to a stage where that energy can be concentrated ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... Taiwan already exercising similar powers, she added. "ASIC having this power was recommended by the 2014 Financial System Inquiry, supported by the Financial Services Royal Commission, consulted on and agreed to by the Government and received overwhelming ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... collective NPS score of the big four peaked at 2.8 just prior to the Royal Commission, but dipped dramatically as the inquiry absorbed much of the national attention last year, hitting a low of minus 2.8 in the six months to November 2018. Compared to ...