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Showing 11 - 13 of 13 results for "Operational Risk Financial"

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... systems upgrades, corporate restructures or paying fines. APRA is seeking feedback on the use of the operational risk financial requirement (ORFR), reserving practices, and protections afforded to trustees via insurance, and how these might need to adapt ...

Australian Ethical further reduces super fees

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
... fees charged to super members will reduce by 0.22%. Of that amount, 0.07% is a reduction of the fund's operational risk financial requirement levy. The funds under management-based revenue margin has been adjusted to 1.24%, down from 1.74% in the 2015 ...

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... consultation process and subsequent public forums, APRA's deputy chair Ross Jones said his advice on both the Operational Risk Financial Requirement (ORFR) and the scale test was for funds to keep the spirit of the reform in perspective. Many submissions ...
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