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Showing 231 - 240 of 515 results for "Powers"

Chief economist update: China's slowing fast

BENJAMIN ONG  |  MONDAY, 22 OCT 2018
... Investors anticipate losses as pessimism and selling increases." Investopedia...and is therefore unsurprising that China's powers-that-be are coming out of with words of comfort. Here's Bloomberg's list: "People's Bank of China Governor ...

A day of shame for Aussie banks: Bligh

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... for banks to be proud of. "Banks understand that many things have been revealed in the royal commission, because of the powers that a commission has that they did not expect" Bligh said. "I think every Australian - including many of those who work in ...

Legislation lifts ASIC recruitment limitation

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
... decision-making processes. Federal Treasurer Josh Frydenberg said the Bill ensures ASIC considers the effects its functions and powers will have on competition in the financial system. Competition is critical in improving the performance of the financial ...

Frydenberg appoints second APRA deputy chair

HARRISON WORLEY  |  TUESDAY, 18 SEP 2018
... Government's investment in Australia's financial services regulators, ensuring they are equipped with the resources and powers to enforce the law and improve community confidence in the industry. Recently APRA came under scrutiny at the Royal Commission ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... funds. "Most directors across the sector clearly understand their obligation to perform their duties and to exercise their powers in the best interests of the fund beneficiaries. An enhanced set of mandatory governance practices for the superannuation ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP. The Federal Government announced it is injecting a further ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, APRA also called for enhanced powers, saying its experience led it to believe stronger powers can help in achieving enhanced supervision outcomes - even if they ...

New campaign combats elder financial abuse

KARREN VERGARA  |  MONDAY, 18 JUN 2018
... abuse support services. It also aims to work with states and territories to develop a national online register for enduring powers of attorney, in addition to developing a national plan on elder abuse. The United Nations designated June 15 as World Elder ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
... ban on exit fees, the need for independent directors on superannuation trustee boards and stronger APRA member protection powers," Cooper said. Industry associations FSC and SMSFA also supported PC recommendations on May 30.

Estate planning lawyer fined for misconduct

KANIKA SOOD  |  WEDNESDAY, 30 MAY 2018
... the testator had signed it; witnessing the POA before the donor had signed it, making a false certificate under s19 of Powers of Attorney Act 2003; and seeking the client execute a will or POA when the documents already had the legal practitioner and ...