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Showing 141 - 150 of 480 results for "Wayne"

First neobank granted full banking licence

OSKAH DUNNIN  |  WEDNESDAY, 23 JAN 2019
... Volt Bank was the first new retail-focused bank to be granted a licence since the early 2000s. In May 2018, APRA chairman Wayne Byres supported the proposed regulatory reforms. "By making it easier for aspiring ADIs [neobanks] to enter the market, APRA ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... that it decided to take a firm hand and commence proceedings against IOOF in the Federal Court of Australia. APRA chair Wayne Byres recently told the last round of the Royal Commission that the prudential regulator is still uncertain in how it will enforce ...

New initiatives ready advisers for the future

JAMIE WILLIAMSON  |  WEDNESDAY, 5 DEC 2018
... subscribers with best-of-breed solutions to help their practices adjust to the shifting landscape," knowITdigital chief executive Wayne Wilson said. The first partnership, with financial services law firm Holley Nethercote, will provide advice businesses ...

APRA grilled over superannuation

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA's handling of NAB and AMP fee for no service scandals were in the spotlight as chairman Wayne Byres was asked about the regulator's superannuation work in the final hours of the Royal Commission's public hearings. The prudential regulator reviewed ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... those they employ & of executives being rewarded for reckless behaviour & misconduct exposed at the Royal Co. #qt #auspol - Wayne Swan (@SwannyQLD) November 29, 2018 Former Treasurer Wayne Swan said low levels of trust in business coincided with executive ...

APRA not clear how to police BEAR breaches

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA chair Wayne Byres said the prudential regulator still hasn't locked in how it will enforce the BEAR regime if a bank executive breaches it, five months on from the change. Continuing his testimony on the Royal Commission's final day, Byres told ...

Royal Commission on social media: Executives grilled

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
... years. Proving excessive executive salaries & bonuses are driven by greed at the expense of customers & the workforce. - Wayne Swan (@SwannyQLD) November 20, 2018 Former Treasurer Wayne Swan took a swipe at the past remuneration practices at the Commonwealth ...

When aged care advice takes an emotional toll

KARREN VERGARA  |  TUESDAY, 13 NOV 2018
... order to avoid hidden fees and charges, she said. Also presenting at the event, Elders Financial Planning financial adviser Wayne Fenton spoke about retirement planning strategies to help clients navigate through a "minefield of issues." One strategy ...

Frydenberg boosts APRA funding

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
... has moved to strengthen supervision of the financial services industry, boosting APRA's funding and reappointing chair Wayne Byres for five years. The prudential regulator will welcome an extra $58.7 million in funding over the next four years, in ...

APRA readies ADIs for BEAR

KARREN VERGARA  |  THURSDAY, 18 OCT 2018
... able to deliver on their accountabilities, and that there is a robust framework for identifying any breaches. APRA chair Wayne Byres said many problems that have arisen in the financial system over recent years have had, at their heart, organisational ...