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Showing 11 - 20 of 91 results for %22Wayne Byres%22

APRA consults on new operational risk standards

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
... HPS 231. The standards come in response to changing business models and developments in good practice, APRA chair Wayne Byres said. "Disruptions to financial services - even temporarily - can have a major detrimental impact on the community," Byres said. ...

Wayne Byres to stand down

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Wayne Byres has resigned as chair of APRA after eight years in the seat and almost 25 years with the regulator. In a statement, Byres said it has been an honour and a privilege to serve as the APRA chair and that he is pleased with what has been achieved ...

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny. On APRA's latest priorities, Byres said ...

Good isn't good enough for the super system: Byres

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
At the FINSIA 'The Regulators' event, APRA chair Wayne Byres has detailed the regulator's foremost superannuation priorities. Australia's superannuation system is the envy of the world, but Byres said it could be better. Having initially praised the ...

APRA champions flexible financial technology regulation

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
APRA chair Wayne Byres has espoused the importance of getting the Australian regulatory balance right with a clear plan, flexible approach and coordinated response. In a speech to the American Chamber of Commerce in Australia, Byres said that global ...

Trustees to be quizzed on climate risk management

JAMIE WILLIAMSON  |  THURSDAY, 3 MAR 2022
... change, the survey will help incorporate climate-related risks into APRA's supervisory assessments," APRA chair Wayne Byres said. "It will also improve comparability and benchmarking and practices within and across industry, and potentially internationally." ...

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... confirmed that it would impose higher capital requirements on mortgage lending deemed to be higher risk. APRA chair Wayne Byres said an unquestionably strong banking industry is central to the stability of the financial system. "Capital is the cornerstone ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
... and complimentary to APRA's existing risk management and governance requirements," the regulator said. APRA chair Wayne Byres said recent developments, including the government's commitment to net zero emissions by 2050, underscore the trajectory the ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... prudential regulator is cracking down further on the superannuation funds that failed the performance test, chair Wayne Byres warned this morning. Last week, APRA named 13 super funds that failed its inaugural performance test. The House of Representatives ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... In August 2020, the House of Representatives Standing Committee on Economics public hearing questioned APRA's Wayne Byres and Helen Rowell on what the regulator was doing to monitor the revaluations. Now, the regulator is set to publish a review ...