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Showing 261 - 270 of 522 results for "Powers"

Government reappoints ASIC executives, creates new role

KANIKA SOOD  |  MONDAY, 19 MAR 2018
... regulatory changes, O'Dwyer said. "A second deputy chair will give ASIC greater flexibility to manage the breadth of ASIC's new powers and increased responsibilities resulting from recent and upcoming law changes. It will also bring ASIC into line with ...

Government passes BEAR reform

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2018
... with APRA and provide greater clarity as to their responsibilities. As such, APRA has been afforded broader enforcement powers and will now be able to apply substantial fines, issue disqualifications with greater ease and ensure banks' remuneration policies ...

Marriage equality and the estate plan

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
... looking to wed will want to make sure estate planning documents are reviewed and updated where necessary, including wills, powers of attorney and superannuation nominations," Cassar said. In 2008, superannuation reforms regarding who constitutes a 'spouse' ...

Government superannuation bills will stand despite Royal Commission: O'Dwyer

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... Australia (ASFA) Conference in Sydney this morning, O'Dwyer maintained the government's commitment to strengthening APRA's powers, making clear that no alterations would follow yesterday's announcements. "The truth is that these reforms are long overdue," ...

Former Fidante-aligned boutique targeted by UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 30 NOV 2017
... competition laws. In what is the first case to see the UK's Financial Conduct Authority exercise its competition enforcement powers, the watchdog alleges that in 2015 former Fidante Partners boutique River & Mercantile Asset Management shared details ...

APRA picks NAB veteran for senior hire

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
... returning to Canada. The new appointment follows Financial Standard spot poll research which suggested APRA should have greater powers to control and intervene in the superannuation industry. More than half (58%) of respondents said APRA should have ...

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
ASIC should be given tougher intervention powers to direct how an Australian financial services licensee addresses or prevents compliance failures. The latest report from the ASIC Enforcement Review Taskforce highlights several shortcomings the corporate ...

Super needs greater oversight from APRA: Poll

KARREN VERGARA  |  MONDAY, 30 OCT 2017
APRA should have greater powers to control and intervene in the superannuation industry, the latest spot poll results shows. More than half (58%) of respondents said APRA should have increased powers to improve board governance and risk management practices ...

White-collar crime penalties to skyrocket

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... lengthy prison time for financial services corporations and employees guilty of misconduct, a review of its enforcement powers has found. The final paper of the Financial System Inquiry (FSI) is urging the Federal Government to give ASIC "stronger regulatory ...

BEAR should apply to insurance bosses: Spot poll

KARREN VERGARA  |  MONDAY, 23 OCT 2017
... customers," Morrison said The latest Financial Standard weekly readership survey asks if APRA should have greater intervening powers in superannuation.