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Showing 11 - 20 of 521 results for "Powers"

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
... $7.6 million over four years from 2026-27 (and $1.4 million per year ongoing) consulting publicly on new data collection powers in relation to managed investment schemes. ASIC will partially meet the cost of this measure through cost recovery. It comes ...

Major UK pension reforms passed

JAMIE WILLIAMSON  |  THURSDAY, 30 APR 2026
... This will effectively force pension schemes to invest in nation-building projects and UK businesses. However, mandation powers that the original proposed legislation included and would have allowed the government to dictate allocation levels to certain ...

ASIC to refresh financial market infrastructure guides

KARREN VERGARA  |  TUESDAY, 21 APR 2026
... facilities and derivative trade repositories. For ASIC and the Reserve Bank of Australia (RBA), the law meant having new powers to monitor, manage and respond to risks related to FMIs. For ASIC, this resulted in increased capacity to monitor the ongoing ...

Treasury mulls increased powers for TPB

ELIZA BAVIN  |  TUESDAY, 14 APR 2026
... Treasury is seeking feedback on draft legislation that would give the Tax Practitioners Board (TPB) stronger regulatory powers and enable greater sanctions. The draft legislation proposes to introduce criminal penalties for unregistered tax return preparers ...

US, Iran agree to cease fire, outlook remains 'uncertain'

MATTHEW WAI  |  WEDNESDAY, 8 APR 2026
... "significant positive developments" in other aspects of the conflict such as back-channel diplomacy, elective and regional powers intervening in a positive way. "Today's extension of the prior ceasefire which now involves further conditionality around ...

ASIC launches beneficial ownership transparency review

KARREN VERGARA  |  TUESDAY, 10 MAR 2026
... reforms that would increase the disclosure of ownership information for listed companies and expand ASIC's enforcement powers.

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
... Peter Kohlhagen explained: "The way we approach this matter was to request information, using our information gathering powers, assess our information against our standards to see whether or not they were up to our required standards." Kohlhagen clarified ...

Treasury to reform managed investment scheme governance

KARREN VERGARA  |  TUESDAY, 10 FEB 2026
... appointment, removal or resignation of committee members. This is in addition to increasing ASIC's data collection powers on the retail MIS sector and forcing superannuation trustees to report suspicious or anomalous super switching behaviour to ...

Trump 'playing with fire' over Fed indictment threat

ELIZA BAVIN  |  TUESDAY, 13 JAN 2026
... Bassanese said. "While it makes for political theatre and once again highlights the President's desire to wield wide ranging powers, it risks backfiring if it undermines market confidence in the independence of the US Federal Reserve and pushes long-term ...

Australia evades tariff shocks, CPI to surge in 2026: UN

MATTHEW WAI  |  MONDAY, 12 JAN 2026
... effective tariff rate, based on 2024 trade data, reached 8.9% for Australia, reflecting a low International Emergency Economic Powers Act (IEEPA) reciprocal tariff baseline rate of 10%, the report said. Meanwhile, the effective tariff rate for Japan ...