Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 80 results for "ADIs"

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... funds', growth was reported at 5.6%. Mutuals comprise 2.6 % of total assets across all authorised deposit-taking institutions (ADIs) in Australia as of June 30 this year. "While total asset growth slowed, the reduced market share reflects the strong ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
... the issuer must not create an expectation that a call will be exercised." "In line with the existing prudential standards, ADIs, general insurers and life companies generally should not call an Additional Tier 1 Capital or Tier 2 Capital instrument and ...

Octopus Investments bolsters team

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 OCT 2021
Octopus Investments, an energy asset manager, has made several appointments after recently surpassing $1 billion in assets under management. On the sales side the firm recently appointed Tim Kok to head of institutional product. Kok was previously an ...

FAR draft legislation released

KANIKA SOOD  |  MONDAY, 19 JUL 2021
... consultation. It expects FAR legislation to be introduced in the Parliament in spring. The implementation will start with ADIs which have already been subjected to BEAR. The starting date for large ADIs or their licensed non-operating holding companies ...

Be ready for negative rates: APRA to ADIs

JAMIE WILLIAMSON  |  MONDAY, 12 JUL 2021
... Saying the regulator's standpoint does not preclude the possibility of zero or negative interest rates, APRA expects all ADIs to develop tactical solutions to implement zero or negative market interest rates and cash rate by 30 April 2022. This would ...

APRA outlines indemnity measures

ANNABELLE DICKSON  |  TUESDAY, 23 MAR 2021
The prudential regulator has written to authorised deposit-taking institutions (ADIs) to ensure the management of risks with indemnities in divestment transactions. APRA warns that without appropriate controls, indemnities can expose ADIs to significant ...

APRA commends super funds on tough year

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... across the country was profound and dramatic. "APRA-regulated financial institutions (authorised deposit-taking institutions (ADIs), insurers and superannuation funds) have stood up to the challenge, both financially and operationally, and have continued ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
... assessment and approval criteria. The government will adopt key elements of APRA's ADI lending standards and apply them to non-ADIs. Other key elements of the reforms include allowing lenders to rely on the information provided by borrowers, replacing ...

Chief economist update: RBA increases and extends TFF

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2020
... and extend its Term Funding Facility. "Under the expanded Term Funding Facility, authorised deposit-taking institutions (ADIs) will have access to additional funding, equivalent to 2% of their outstanding credit, at a fixed rate of 25 basis points for ...

ANZ posts profit, announces dividend

ELIZA BAVIN  |  WEDNESDAY, 19 AUG 2020
... the needs of our shareholders with the uncertain economic environment," Gonski said. "We agree with APRA's view that all ADIs should be prudent in considering dividends. We arrived at our decision independently and it sits comfortably within APRA's guidance." ...