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Showing 221 - 228 of 228 results for "operational risk"

Tasplan Super reorganises its investment manager line up

Tasplan Super has completed its review of its domestic and overseas equities investment sectors and has subsequently rearranged its fund manager appointments. In regard to its investments in Australian equities the industry superannuation fund has added ...

BNP Securities Services beefs up its risk, control and finance team

... Australasia managing director Gail Burke at the local level, and globally to Suzanne Montusclat at BNP global operational risk. Kathy Gleadhill has been appointed as head of internal audit. She has been with the organisation for two and half years performing ...

ASIC and APRA move to streamline intra-fund transfers

... Part 2A of the SIS Act. "Addressing legacy products and systems issues is a prudential priority in controlling operational risk," says APRA's general manager, Specialised Institutions Division, Ramani Venkatramani. Under circumstances of an 'intra-fund ...

Basel II for Australia in 2008

... capital for different types of risk. The committee recommended the less sophisticated approaches for credit and operational risk to be implemented by the end of 2006, with the most sophisticated techniques to be in place by year-end 2007. It allowed ...

S&P says Leighton profit downgrade within ratings guide

AAP  |  THURSDAY, 6 MAY 2004
... its exposure to the investment of capital equipment at the mine site. The losses incurred are indicative of the operational risk inherent in undertaking contract mining and counterparty exposures to mining companies that encounter financial stress when ...

APRA warns super funds and life insurers on "legacy issues"

... issues are largely confined to life insurance and superannuation, obsolete systems are an endemic element of operational risk found across the financial services industry, most commonly as a result of mergers and acquisitions. "Integration risks are ...

Operational issues mainly to blame for hedge fund failures

... many as 54% of failed funds had identifiable operational issues and half of all failures could be attributed to operational risk alone. The report also recognised the fact that interest in hedge funds had grown tremendously over the past decade, drawn ...

Super licensing to be based on effective risk management capacity

... capabilities in managing risk on a number of levels. "APRA will be specifically focussing on investment risk, operational risk and agency risk when assessing funds under the new licensing regime," said Charles Littrell, APRA's executive general manager. ...