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Showing 201 - 210 of 596 results for "Regulation Authority"

APRA releases draft RSE fraud management guide

ALEX DUNNIN  |  MONDAY, 27 OCT 2014
The Australian Prudential Regulation Authority (APRA) has just released for consultation a draft prudential practice guide concerning fraud risk management that Registrable Superannuation Entity (RSE) licensees will be expected to follow. In it the ...

MyState Financial becomes MyState Bank

MARK SMITH  |  TUESDAY, 7 OCT 2014
... banking subsidiary, MyState Financial, to MyState Bank, following approval from the Australian Prudential Regulation Authority (APRA). The company said the name change will simplify MyState's proposition for customers as it enters new markets, particularly ...

FSC-ISA battle recommences over MySuper data

JAMES FERNYHOUGH  |  FRIDAY, 3 OCT 2014
... Financial Services Council (FSC) claimed that the figures, released yesterday by the Australian Prudential Regulation Authority (APRA), showed retail funds' MySuper products has outperformed industry funds since the beginning of the regime in January ...

APRA confirms MySuper non-confidentiality rules

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
The Australian Prudential Regulation Authority (APRA) will treat MySuper product data as non-confidential, following a period of industry consultation. APRA said the industry "generally supported" APRA's proposal to treat data as non-confidential if ...

Tyndall to adopt parent name

MARK SMITH  |  MONDAY, 15 SEP 2014
... billion (US$3.3 billion) in June 2014. According to a June 2013 survey conducted by the Australian Prudential Regulation Authority, some 31% of superannuation fund assets were allocated to global investments, with 25% in equity and 6% in fixed income. ...

GSA an affordable alternative to DLAs: APRA

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... lifetime annuities (DLA) when it comes to dealing with longevity risk, according to the Australian Prudential Regulation Authority (APRA). In its second submission to the Financial System Inquiry (FSI), APRA was in agreement with interim reportA saying ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
... Department of Foreign Affairs and Trade, ASIC, the Reserve Bank of Australia and the Australian Prudential and Regulation Authority, integrate Australia's regulatory and international process. "Fragmentation has meant Australia has not capitalised on ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
The Australian Prudential Regulation Authority (APRA) has released the updated framework for the supervision of large financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... executive officer of Promontory Financial Australasia and was the inaugural Chairman of the Australian Prudential Regulation Authority (APRA). He was also a part of the Wallis Inquiry into the Australian financial system and had a 20 year career with ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... undertake reactive surveillance where we see possible misconduct," the regulator said. The Australian Prudential Regulation Authority (APRA) noted that a risk-based supervisory approach "requires astute judgment by supervisory staff and confidence based ...