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Showing 161 - 170 of 1020 results for "Financial Institutions"

Financial stability risks escalate: RBA

ANDREW MCKEAN  |  MONDAY, 10 OCT 2022
... change if the crypto-asset market continues to grow and there is significant engagement by traditional financial institutions," the review said. To mitigate risk to financial stability, Australian policymakers are currently working on a regulatory framework ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... their data and will enable better communication and coordination between telecommunications providers and financial institutions when a cybersecurity incident occurs. Telecommunications companies will be able to temporarily share approved government ...

Lumiant partners with Envestnet | Yodlee

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
... representative model to power its Your Wealth module. The partnership enables Lumiant to access real-time data from financial institutions. The open banking connections provided by Envestnet | Yodlee allow advisers to access a view of their client's ...

Members want super funds to adopt crypto: Survey

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
... has been used or perceived to have been used for illicit activities and the likes. But, when I talk to financial institutions, that's actually currently the narrative that's often brought up regardless of the evidence provided," Mohan said. It's ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... face value of the liabilities for the stablecoin on issue from the licensee must be held in reserve, in financial institutions licensed by APRA. The Act also targets the e-Yuan, the first CBDC to be issued by a major economy, requiring that its facilitators ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents said that the unbanked/underbanked are harder ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... fund would be reporting on progress towards net zero annually under a framework for the New Zealand Crown Financial Institutions, as agreed with the Minister of Finance last year. The fund noted it will continue to obtain some of its benchmark index ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
... accountability framework that will ensure that the directors and most senior and influential executives of financial institutions will be held accountable for their decisions and conduct which have significant flow on effects for everyday Australians ...

What's the deal with managed funds?

ANDREW MCKEAN  |  FRIDAY, 2 SEP 2022
... Meanwhile, the Australian Bureau of Statistics (ABS) has released research on the assets and liabilities of financial institutions that pool funds for investment, encompassing managed funds and super funds. ABS research showed the total managed funds ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
Six of the largest financial institutions have paid or offered a total of $3.6 billion in compensation to consumers over fees for no service and non-compliant advice. The new stats come as the Financial Planning Association of Australia calls for an ...