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Showing 121 - 130 of 530 results for "Prudential Regulation Authority"

ASFA concerned about board governance timeline

DARREN SNYDER  |  TUESDAY, 4 AUG 2015
... have at least one-third independent directors on super fund boards. In a letter to the Australian Prudential Regulation Authority (APRA), the association has asked that all RSE licensees be given until 31 December 2016 to prepare their transition plan. ...

APRA workload for boards does not rate

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
Meetings between the Australian Prudential Regulation Authority (APRA) and company boards are considered good value yet the workload placed on boards by the regulator does not rate highly. This is the view of more than 450 directors from deposit-taking ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... 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. "This is ...

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
... 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 concerns on the ...

Class expands in the SMSF cloud

DARREN SNYDER  |  WEDNESDAY, 8 JUL 2015
... customer relationship management providers, and property services. Separately, the Australian Prudential Regulation Authority (APRA) recently released an information paper on its considerations around outsourcing shared computing services, including ...

Clydesdale sell-off still NAB priority

ALEX BURKE  |  TUESDAY, 7 JUL 2015
... approvals," the statement added. NAB was recently forced by the UK's prudential regulator, the Prudential Regulation Authority (PRA), to provision A£1.7 billion ($3.5 billion) to cover "losses related to legacy conduct costs" at Clydesdale. The cost ...

Super funds clash on board independence

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... reform's implications. Today the federal government introduced legislation proposing all Australian Prudential Regulation Authority (APRA) regulated super funds have a minimum of one-third independent directors on their trustee board and an independent ...

Employers given October SuperStream deadline

DARREN SNYDER  |  WEDNESDAY, 10 JUN 2015
... help and educate employers through to October. In a joint letter from the ATO and the Australian Prudential Regulation Authority (APRA), RegistrableA Superannuation Entities (RSE) were told that after October 31, 2015, the ATO will apply "a more active ...

Property bubble debate heats up

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... this was "certainly the case in higher priced areas in Melbourne." Fraser joined the Australian Prudential Regulation Authority (APRA), which recently reviewed bank lending standards for property investors and last December warned lenders not to increase ...