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Showing 171 - 180 of 556 results for "Supervision"

BNP Paribas to offer initial margin services

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... a case-by-case basis without prescriptive regulation. However, this changed in 2016 as Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) set guidelines for initial and variation margin. ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... quality. This includes enhancing a culture focused on audit quality, the experience and expertise of partners and others, supervision and review of audits, and accountability of partners and others for audit quality," ASIC commissioner Cathie Armour ...

New heatmap shames trustees

KARREN VERGARA  |  FRIDAY, 18 DEC 2020
... whether trustees have failed in their obligations to members and potentially breached the Superannuation Industry (Supervision) Act 1993 (SIS Act). Thirty-seven products assessed are performing at or above the heatmap investment benchmarks over six years ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... cardinals and bishops. In the letter, the Pope said the Secretariat of State: "Shall have no responsibility for the supervision and control of any entity of the holy see, nor of those things connected with it... the Secretariat of State will not have ...

Three advisers banned for non-financial crimes

ELIZABETH MCARTHUR  |  FRIDAY, 6 NOV 2020
... they had committed. The FCA's decision to ban the three individuals comes after Megan Butler, executive director of supervision (investment and wholesale) wrote to the House of Commons outlining that the FCA views sexual harassment as misconduct which ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
... replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees, the prudential regulator announced the Supervision Risk and ...

Superhero nabs new recruits

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... chief compliance officer, has worked at CBA for over two years, most recently as an executive manager of regulatory supervision and global regulatory affairs, where she led the group's engagement with ASIC. Prior to her time with CBA, Smeaton served ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... non-discriminatory basis with terms and conditions, including pricing, that are fair and reasonable," ASIC said. This supervision will be focused on the exchange's governance of the change program, as well as its engagement with stakeholders, the functional/technical ...

FCA reviews regulation of foreign financial services firms

KARREN VERGARA  |  FRIDAY, 25 SEP 2020
... plans for full authorisation, Delfas said. "Today we are setting out our expectations for the future authorisation and supervision of international firms, to ensure appropriate protection for users of financial services. "Before seeking authorisation ...

Adviser demands answers from Media Super

ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... total and permanent disability by opening up her superannuation account to her under the Superannuation Industry (Supervision) Act provisions for permanent incapacity. Johns said he hopes the apparent administrative delays aren't a result of the ...