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Showing 11 - 20 of 101 results for "Financial Regulators"

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... market infrastructure risks, addressing a regulatory gap and implementing recommendations of the Council of Financial Regulators - a coordinating body that comprises APRA, ASIC, Treasury, and the Reserve Bank of Australia (RBA). "The RBA now has powers ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... associated entities. The consultation paper is seeking feedback on proposals to implement the 2017 Council of Financial Regulators Regulatory Expectations for Conduct in Operating Cash Equity Clearing and Settlement Services in Australia as enforceable ...

Former APRA chair joins ASX board

ELIZA BAVIN  |  MONDAY, 6 MAY 2024
... served on the Reserve Bank of Australia's payment systems board and was a member of the Australian Council of Financial Regulators. Byres stepped down as APRA chair in October 2022 after holding the role for eight years. The appointment comes as Roche ...

Bragg calls for another Financial System Inquiry, critiques ASIC, APRA

ANDREW MCKEAN  |  FRIDAY, 23 FEB 2024
... prudential standards; and review the overarching regulatory framework, including the role of the Council of Financial Regulators. Emphasising the urgency of an inquiry, Bragg alleged that ASIC has deviated from its sole mandate to enforce Australia's ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
... competitive landscape of CS services. It mandates that the minister must consult and consider advice from financial regulators including ASIC, the Australian Competition and Consumer Commission (ACCC), and the Reserve Bank of Australia (RBA). The public ...

Treasury releases climate disclosure draft legislation

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024
... climate disclosure requirements 2028-29. The review will be led by Treasury, working with the Council of Financial Regulators. Consultation for the draft legislation released today is now open and submissions will close 9 February 2024.

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Bullock will be responsible for chairing the Reserve Bank Board, the Payments System Board and the Council of Financial Regulators. She will also be responsible for the management of the Bank under the Reserve Bank Act 1959. The government will now look ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023
... finance taxonomy a "foundational piece" of a sustainable finance architecture and said that the Council of Financial Regulators will oversee the initial development phase of the taxonomy. "The Council of Financial Regulators climate working group - which ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. "ASIC has for many years advocated for voluntary ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... Fortescue Future Industries and previously chaired the climate change working group of the Australian Council of Financial Regulators. Commenting on the appointments, ART chair Andrew Fraser said: "As we seek to invest more than $240 billion on behalf ...