Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 625 results for "Financial Sector"

Lack of expertise driving down competition: APRA

ALEX BURKE  |  MONDAY, 18 SEP 2017
... Commission, APRA called out a lack of expertise and systems capabilities as hindering competition in the Australian financial sector. Noting the high levels of concentration in many financial industry sectors, measured by share of industry assets, APRA ...

CBA commits to bond-structured climate change solutions

EMMA RAPAPORT  |  WEDNESDAY, 30 AUG 2017
... the green bond universe in Australia," Climate Bonds Initiative chief executive Sean Kidney said. "Australia's financial sector is uniquely placed to grow its green finance capabilities and institutional investors have already demonstrated considerable ...

Morgan Stanley appoints Australia research head

ALEX BURKE  |  TUESDAY, 29 AUG 2017
... Stanley in 2006 covering Australian banks and, over the past 11 years, has built a dominant franchise in the financial sector. Richard will also join the Asia Research Management team, reporting to me."

CBA faces anti-money laundering allegations

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... place, businesses are at risk of being misused for criminal purposes," Clark said. "AUSTRAC's goal is to have a financial sector that is vigilant and capable of responding, including through innovation, to threats of criminal exploitation." In one account ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... of this year. Still, the IMF advised that China exploit this improved growth to speed up reforms "on tackling financial sector risks" to head off a steep correction in the future. The People's Bank of China (PBOC) is on the case. Citing the Chinese central ...

FoFA should also protect retail banking customers: FSU

KARREN VERGARA  |  THURSDAY, 29 JUN 2017
... Finance Sector Union. Speaking at yesterday's Senate inquiry into consumer protection in the banking, insurance and financial sector, FSU national secretary Julia Angrisano called for consistency in regulating pay models that encourage poor behaviour ...

APRA finalises senior executive lineup

JAMIE WILLIAMSON  |  WEDNESDAY, 28 JUN 2017
... have completed our organisational restructure designed to ensure APRA continues to respond to changes in the financial sector and deliver on APRA's mission to protect the financial well-being of the Australian community," Byres said.

Treasury responds to ABA derision over bank levy

JAMIE WILLIAMSON  |  WEDNESDAY, 17 MAY 2017
... consideration was given to the design of the levy, the costings and to its effect on the economy as well as the financial sector," Fraser wrote. "As is usual practice we will be providing further relevant information including a regulatory impact statement ...

ASIC signs fintech agreement with Indonesia

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... be able to promote innovation in our financial service markets and to deepen engagement that can be used for financial sector development in both countries," OJK chairman Pak Muliaman said. Indonesia, with the largest economy in south-east Asia, hosts ...

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... consumer complaints. In a submission to the Senate Inquiry into Consumer Protections in the Banking, Insurance and Financial Sector, consumer protection group CHOICE published verbatim 771 consumer complaints about experiences in the sector. "The big ...