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Showing 131 - 140 of 625 results for "Financial Sector"

ASIC enforcement must get tough: Commissioner

KANIKA SOOD  |  TUESDAY, 5 FEB 2019
... that ASIC's use of enforceable undertakings may fall if the Treasury Laws Amendment (Strengthening Corporate and Financial Sector Penalties) Bill 2018 (Cth) is enacted, which gives ASIC disgorgement remedies in civil proceedings and a directions power ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... and the resources to hold those who abuse our trust to account. In doing so the community's trust in our financial sector can and will be restored." Read Labor's response here.

Former ACCC chair will lead APRA capability review

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... lead the first. "The capability review will build on the recently completed International Monetary Fund's Financial Sector Assessment Program, which included an assessment of APRA's policy and supervisory framework for banks and insurers," the ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... He is also a member of JP Morgan Australia's advisory council as well as the Australian Government's Financial Sector Advisory Council. Former ASIC deputy chair Jillian Segal was also appointed an Officer in the General Division. Segal was a ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... market is a source of vulnerabilities due to elevated prices and related household debt. A direct hit to the financial sector from a wave of mortgage defaults is unlikely. "However, if house prices collapse consumer spending could suffer, via negative ...

Cybercrime protection inadequate: Poll

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... (12%). The NTT Security's Global Threat Intelligence Report showed a staggering 66% per cent of attacks on the financial sector in APAC originated from Australia. Ransomware is the cybercriminals' weapon of choice, the report said, adding that ...

Digital custody evolutionary, not revolutionary: SIBOS

HARRISON WORLEY  |  THURSDAY, 25 OCT 2018
... - against one another. "On the CSD model we still see a central approach, where the CSD is at the core of the financial sector, and still managing the single source of truth for the entire community. Regulation is still differentiating between different ...

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
... Government will introduce legislation to parliament this week, hoping to strengthen sanctions for corporate and financial sector misconduct. It comes in a year when the Royal Commission has highlighted financial services organisations often engaging ...

Frydenberg slams financial sector greed

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Commenting to the interim report released this afternoon, Federal Treasurer Josh Frydenberg said it's evident the findings point to "greed" that's been pursued in return for short-term profits at the expense of consumers and the most basic standards ...

Industry veterans join global commission

DARREN SNYDER  |  MONDAY, 24 SEP 2018
... Australian infrastructure fund and a former AIST chief executive are being welcomed as executives of a new global financial sector initiative which targets the end of modern slavery and human trafficking. Joining the newly-formed Financial Sector Commission ...