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Showing 1571 - 1580 of 1802 results for "Regulation 2014"

Members Equity seeks alternative source of capital

WWW.THESHEET.COM  |  MONDAY, 18 SEP 2006
Members Equity Bank is sounding out investors for the sale of $50 million of deeply subordinated debt, with the bank obliged to consider alternative sources of quasi-equity in light of a series of policy changes by the banking regulator. The Australian ...

Another HIH exec faces the music

HAMISH MADDEN  |  THURSDAY, 7 SEP 2006
A former HIH Insurance company secretary has appeared in court to answer charges concerning his role in the highly publicised collapse of Australia's second-biggest insurer at the time. Frederick Lo was ordered to appear in Sydney's Downing Centre Local ...

Challenger board adds two

KATE HAGE  |  MONDAY, 28 AUG 2006
The Packer seeded funds management venture Challenger Financial Services has appointed two independent non-executive directors to its board. Recruitment and human resources entrepreneur Sarina Russo, managing director of the Sarina Russo Group, will ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 16 AUG 2006
Following the 178 recommendations of the Productivity Commission Taskforce on how the government might reduce bureaucratic problems associated with the administration of the GST and FBT, Treasurer Costello has announced that 158 of the recommendations ...

Compliance alone doesn't make the grade

HAMISH MADDEN  |  MONDAY, 24 JUL 2006
Competent is a long way from professional, professional is not something that should be prescribed by the regulators and, as an industry, we've had our focus all wrong, according to Financial Services Educators Agency Australia (FSEAA) general manager ...

Lo-doc lending headaches

Are lo-doc loans too high maintenance? While the Big Four banks have all jumped on the lo-doc bandwagon, consulting firm Deloitte said other finance groups are starting to question the business model behind non-conforming loans. Lo-doc loans or non-conforming ...

Govt supervisory levy revenue to jump 3 per cent

ALEX DUNNIN  |  WEDNESDAY, 12 JUL 2006
The government has announced the new supervisory levy rates that will apply to entities that wish to operate under APRA and ASIC jurisdiction. The rates will be similar to those that applied last year, said Minister for Revenue and Assistant Treasurer ...

Time for another Wallis Inquiry

A leading academic has challenged the government's four pillar policy and called for a major review of the country's financial system akin to the scale of the 1996-97 Wallis Inquiry. Professor Ian Harper, executive director of the Centre for Business ...

Parl committee to review entire super industry

ALEX DUNNIN  |  THURSDAY, 6 JUL 2006
Yet another parliamentary inquiry is to review the structure of the superannuation industry, but even a cursory glance at the latest terms of reference means this committee is on a political mission. The committee is likely to become controversial because ...

RSE licensing transition grinds to a close

HAMISH MADDEN  |  WEDNESDAY, 5 JUL 2006
The end of the financial year also marked the transition to the new superannuation trustee licensing system, with the Australian Prudential Regulation Authority (APRA) reporting that most of the applicants were awarded a Registrable Superannuation Entity ...