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Showing 1991 - 2000 of 2868 results for "Standards"

APRA gets Basel III tick

JAMES FERNYHOUGH  |  WEDNESDAY, 19 MAR 2014
... Committee on Banking Supervision has graded Australia's capital regulation framework as 'Compliant' with the Basel III standards. Australia's is the eighth regulatory framework to be graded by the Basel Committee. Others include the United States, the ...

ASFA calls for consistent global regulatory standards

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
... pension funds most engage internationally on areas such as system implementation and connectivity, fiduciary governance standards, and operational and investment delivery. "We are still a long way from seeing some consistency of approach to regulation ...

SEC prioritises cybersecurity

ALEX DUNNIN  |  THURSDAY, 13 MAR 2014
Speculation is growing in the US that the financial regulator will impose uniform cybersecurity standards across firms operating in the financial system. Awareness of cybersecurity as a systemic threat has risen following realisation that the financial ...

Asia Funds Passport on shaky ground

MARK SMITH  |  MONDAY, 10 MAR 2014
... the ground because the majority of fund managers in the region are already aligning their products with European UCITS standards, according to EY Asia-Pacific and EMEIA asset management leader Roy Stockell. Stockell, who has worked for the professional ...

New laws target promoters of early release schemes

JAMES FERNYHOUGH  |  FRIDAY, 7 MAR 2014
... to result, in a payment being made from a regulated superannuation fund otherwise than in accordance with the payment standards prescribed in the SIS Regulations." One illegal method highlighted in the explanatory memorandum was the use of specially ...

Singapore lifts CPF rates

ALEX DUNNIN  |  WEDNESDAY, 26 FEB 2014
... CPF contribution rates at 36% for workers aged between 35 and 50 years are already extraordinarily high by Australian standards though they taper down to 11.5% for employees aged 65 years or more. Following the increase that will come into effect in ...

Certified financial planners report higher profitability

LAURA MILLAN  |  FRIDAY, 14 FEB 2014
... The study was conducted by independent researchers Comparator and the results were released by the Financial Planning Standards Board (FPSB), owner of the international CFPA(R) Certification Program. The study surveyed 92 financial services firms in ...

APRA to scrutinise group insurance risk

JAMES FERNYHOUGH  |  WEDNESDAY, 12 FEB 2014
... forbearance is pretty much coming to an end." He went on: "We realised that people were doing their best efforts to meet our standards, and we recognise all of that effort. But we will be looking for much greater compliance with a lot of the frameworks ...

Industry funds oppose bachelor degree for general advisers

LAURA MILLAN  |  TUESDAY, 11 FEB 2014
... on the capacity of super funds and other providers to continue to offer general advice." "AIST and ISN support higher standards for advisers, including the eventual requirement for a bachelor's degree for practitioners providing a personal advice service," ...

Compensation opposed for SMSFs: SPAA

HARRY PAGE  |  FRIDAY, 7 FEB 2014
... outcomes." Recently Sinodinos, said that the SMSF sector needed to be "self-reliant." Slattery, in addressing the issue of standards and competency: "The guiding philosophy underpinning self-managed super is that trustees/members take responsibility ...