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| | | ... regulatory landscape is rapidly evolving and requires businesses to keep themselves on track, he said. The Australian Prudential Regulation Authority (APRA) has recently ramped up its supervision on risk management practices for regulated entities, which ... |
| | | | ... "Rectification and uplift requirements continue for deficient platform trustees. There also is a case to consider changes to prudential settings for this sector of the market e.g. to strengthen conflicts management," the discussion paper read. Targeting ... |
| | | | ... growing complexity in global markets reshape the financial risk environment. In its latest System Risk Outlook, the prudential regulator said Australia's financial system remained resilient and well positioned to withstand "severe but plausible" shocks. ... |
| | | | ... diligence to help super trustees meet their fiduciary and regulatory obligations. ASFA said it aims to complement APRA's prudential framework, including SPS/SPG 530 (Investment Governance) and CPS/CPG 230 (Operational Risk Management), with important ... |
| | | | The Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ... |
| | | | The Australian Prudential Regulation Authority (APRA) has called on superannuation trustees, insurers and to significantly lift their approach to managing artificial intelligence (AI) risks, warning current practices are not keeping pace with rapid ... |
| | | | ... what to do next, call us and we can put you in touch with Team Super Financial Advice," he said. Last October, the prudential regulator warned super funds about relying on a concentrated set of technology providers and the dependency on the cloud and ... |
| | | | ... managing director and chief executive Nick Hamilton said. Last month, APRA released its final response to amending prudential standards on treating capital for longevity products in a bid to improve weak demand. One of the key changes is refining specific ... |
| | | | ... AMP's superannuation offerings, including head of product - superannuation, director stronger super products and prudential standards, and most recently head of corporate pensions. AMP chief executive Blair Vernon told Financial Standard Jansen made ... |
| | | | ... reflect APRA's risk-based approach to enforcement, which prioritises issues and entities that pose the most serious prudential risks," Cole said. Fiducian is refrained from onboarding new high-risk investment options to its platform until the independent ... |
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