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Showing 11 - 20 of 46 results for "Council of Financial"

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... financial service providers on the issues of cyber readiness and operational resilience. Also, as part of the Council of Financial Regulators, APRA and ASIC have been developing a protocol to deal with the management of a cyber incident at a financial ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... and minister for superannuation Jane Hume said in a joint statement. "The Treasurer has therefore asked the Council of Financial Regulators (CFR) to prepare a report on this matter, drawing upon the information gathering powers of the Australian Prudential ...

Climate science skills needed in financial services

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... skills need to be developed swiftly and on a large scale." Whitehead referred to a recent statement from the Council of Financial Regulators and believes the use of scenario analysis quantifies the exposure of the financial system to climate-related ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... package on Financial Market Infrastructure (FMI) following a review by Australia's financial regulators. The Council of Financial Regulators (CFR) consisting of APRA, ASIC, Treasury and the Reserve Bank of Australia (RBA) previously handed a report to ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... that the guidance has been developed in consultation with other Australian financial regulators through the Council of Financial Regulators and APRA's international peers, which should give it further authority in the market." The guide is a "significant ...

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
... Securities Exchange (ASX) after its operational outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC, Treasury and the Reserve Bank of Australia (RBA), met for its quarterly meeting ...

RBA, ASIC provide CHESS guidance

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... market and participants," ASIC commissioner Cathie Armour said. ASIC and the RBA, as well as the broader Council of Financial Regulators and the ACCC, were closely supervising the ASX's conduct during the replacement program. "The regulatory expectations ...

APRA quashes super liquidity concerns

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... Bank to provide liquidity assistance to super funds. APRA chair Wayne Byres said the issue was raised at the Council of Financial Regulators - which includes ASIC and the RBA - in the "early days" of the pandemic, when forecasts around the use of the ...

AFCA updates approach amid COVID-19 crisis

ALLY SELBY  |  THURSDAY, 26 MAR 2020
... of pressure amid the fallout from COVID-19. Locke said the ombudsman's approach would mirror that of the Council of Financial Regulators; adjusting initiatives to allow financial institutions to focus on their businesses and customers. AFCA has established ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... "closely", confirming it would take action to keep markets fair and orderly. ASIC's action comes as the Council of Financial Regulators - which includes APRA and the Reserve Bank - said the regulators and government were working closely together ...