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Showing 221 - 230 of 3388 results for "Response"

RBA powers deemed 'last resort' for critical financial infrastructure fallout

MATTHEW WAI  |  TUESDAY, 1 JUL 2025
... Australian Clearing and Settlement (CS) Facility Resolution Regime. The RBA was provided with "crisis resolution powers" in response to a threat posed to the continuity and stability of a domestic CS facility licensee following the passing of the Treasury ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
... from individual consumers who were opposed to the relief on the basis that some licensees still engage in misconduct. In response to feedback, ASIC broadened the types of reports that are exempt by increasing the time allowed for rectification from 30 ...

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
APRA's 2025 Stakeholder Survey shows that cyber security risk has emerged as the topmost concern in financial services. The survey, which gathered responses from 262 financial institutions, revealed that the threat of cyber security was listed as a ...

APRA acknowledges need to reduce regulatory burden

JAMIE WILLIAMSON  |  THURSDAY, 26 JUN 2025
Thirty-four percent of the entities regulated by APRA feel changes made to the prudential framework failed to adequately consider the increased costs imposed on the industry, while 33% say the compliance burden outweighs the benefits. Those are some ...

ASIC appoints ASX inquiry panel

MATTHEW WAI  |  THURSDAY, 26 JUN 2025
... appointed three panel members to conduct its inquiry into the Australian Securities Exchange (ASX). The inquiry is in response to the ongoing concerns around the ASX's questionable ability to "maintain stable, secure and resilient" market infrastructure ...

Union redundancy funds in ASIC's sights

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... activities beyond the provision of redundancy entitlements, including raising money for long service leave entitlements." In response, the regulator said it is seeking feedback on changes to the definition of "employee redundancy funds" to provide guidance ...

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... intermediaries to "step up" and protect their customers by strengthening their share sale fraud prevention, detection and response practices. "Share sale fraud can happen to anyone, at any time, with unsuspecting investors having their accounts hacked ...

US-Iran tensions send markets into panic mode

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... largest and longest-lasting increases typically arise from regime changes," Sycamore said. "At this point, the market response has been one of caution as we await further details on what comes next and, more precisely, what the response from the Iranian ...

DomaCom Fund names new RE

KARREN VERGARA  |  THURSDAY, 19 JUN 2025
The DomaCom Fund has appointed Assetora as its new responsible entity (RE), replacing Melbourne Securities Corporation (MSC). DomaCom Fund unitholders voted in favour of Assetora becoming the new RE with a 56% support rate as opposed to appointing BrickX ...

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
... time, members of small funds can just email somebody they've recently spoken to at the fund," Devitt said. She said the response they get from the smaller funds is "super quick," particularly those that have insourced their communications. "They're the ...