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Showing 281 - 290 of 523 results for "Powers"

ASIC advances towards telecommunication intercept powers

EMMA RAPAPORT  |  FRIDAY, 21 JUL 2017
ASIC could soon be given enhanced powers to receive interception materials, seized by another government agency, in cases of alleged insider trading, market manipulation and financial services fraud. The new powers, outlined in the ASIC Enforcement ...

Financial dispute authorities combined for 'one-stop-shop'

EMMA RAPAPORT  |  TUESDAY, 9 MAY 2017
... critical of whether the new body will retain the protections currently present in the Superannuation Complaints Tribunal (SCT) powers. The Association of Superannuation Funds of Australia chief executive Martin Fahy added it will particularly important ...

Increased APRA levies provide regulator with more power

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... deposit-taking institutions and their executives. Banking executives will be required to register with APRA, while the regulator's powers to remove and disqualify senior executives will be strengthened. New penalty provisions and deferral of remuneration ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
... the Compliance Monitoring Committee and Australian Securities and Investments Commission more oversight and enforcement powers over the industry, Ohlsson said.

FSC speaks out against elder financial abuse

JAMIE WILLIAMSON  |  TUESDAY, 3 JAN 2017
... of suspected abuse. Among the reforms is the proposed introduction of legislation that would see enduring guardians and powers of attorney that breach their obligations forced to compensate the person they represent. The commission believes this will ...

Global investors missed turning point

DARREN SNYDER  |  TUESDAY, 3 JAN 2017
... An Australian fund manager says the Global Financial Crisis clouded a crucial economic turning point that is beyond the powers of politicians, banks and geographies. Insync Funds Management chief investment officer, Monik Kotecha says in 2011 the world ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... suggested there be "enhanced accountability and oversight over the two new schemes, including through strengthening ASIC's powers." "The current framework, consisting of two industry ombudsman schemes and a statutory tribunal is the product of history ...

Key demographic trends open new doors for advice

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2016
... provision of advice, with Inwood saying that advisers should expect to start having more conversations with next of kin and powers of attorney in the near future. Earlier this year, Core Data completed research on behalf of the government into the cost ...

LICG successful in triggering AFA EGM

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2016
... Insurance Customer Group (LICG), the AFA said the resolution contained in the member forms seeks to change the policymaking powers of the AFA board; however, a recent communication sent by the LICG to AFA members claims "the EGM is not going to freeze ...

Terms of reference released for complaints system review

KERRIE SYDEE  |  MONDAY, 8 AUG 2016
... of policies to improve Australia's financial system," O'Dwyer said. The review will make recommendations on: The role, powers, governance and funding arrangements of the dispute resolution and complaints framework in providing effective complaints handling ...