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Showing 2241 - 2250 of 2423 results for "Rule"

FSR style licensing regime for mortgage brokers

WWW.THESHEET.COM  |  MONDAY, 23 OCT 2006
Mortgage brokers can expect to face a new licensing regime as early as next year that will align regulation of the mortgage broking industry with rules that prevail in the financial planning industry. Ian Clyde, chair of the Uniform Consumer Credit ...

Market wrap - midday

AAP  |  WEDNESDAY, 18 OCT 2006
The Australian stock market was higher at noon as media stocks, buoyed by takeover activity, helped offset falling share prices in the resources sector. At 1200 AEST, the benchmark S&P/ASX200 index was up 9.2 points to 5290.5 while the all ordinaries ...

Agribusiness still appeals to lenders

WWW.THESHEET.COM  |  TUESDAY, 17 OCT 2006
... White. He does not believe the banks have overextended themselves by lending against inflated valuations. "We have stuck to a rule that the cash flow must be available to service the debt. We have not ignored serviceability. "We remain bullish on the ...

NZ securities reforms pass legislature

ALEX DUNNIN  |  FRIDAY, 13 OCT 2006
New laws to improve the New Zealand regulatory framework have been passed by the legislature and hopes are high they will lift investor confidence and encourage greater investment. NZ Commerce Minister Lianne Dalziel said the new legislation should ...

APRA to flex its muscle with outsourcing deals

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
Under the terms of new prudential guidelines, the Australian Prudential Regulation Authority (APRA) will have the power to conduct onsite inspections of companies undertaking outsourcing work for financial institutions under its supervision. But signaling ...

Big banks pursue more exotic securitisation schemes

WWW.THESHEET.COM  |  WEDNESDAY, 11 OCT 2006
ANZ is to double its collateralised loan obligation (CLO) business volumes to $2.2 billion using a deal offered through Resonance Funding Series 2006-1, a special purpose vehicle that will bundle a coupon rate through 110 corporate loans held by the ...

Tyndall managing director steps aside

KATE HAGE  |  FRIDAY, 6 OCT 2006
Tyndall will begin looking for a new managing director next week after Barry Sheehan announced he was stepping aside to take on a new role at Tyndall after after less than 12 months in the top job. Sheehan, formerly of HSBC Asset Management, said he ...

You are how you spend, not your age

Age is not the defining factor for how consumers spend on financial services, according to a leading demographics expert who argued that labels such as Gen X, Gen Y and Baby Boomers were outmoded and ineffective. Ex-KPMG consumer behaviourist, Ross ...

Zurich appoints ex-CommInsure risk expert

Zurich Financial Services Australia has appointed former CommInsure chief underwriter, Lindy Rule, as the new chief underwriter in the life risk division. Zurich Australia's head of life risk, Andrew McKee, said Rule's position fulfills an important ...

Australians clueless on super

The raft of education campaigns around superannuation are yet to make their impact on consumers after a new study found that 60 per cent of Australians don't know how much fees they pay on their super while 16 per cent couldn't name their own super ...