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Showing 301 - 310 of 516 results for "Powers"

China stimulates

BENJAMIN ONG  |  THURSDAY, 10 SEP 2015
It couldn't have come soon enough. Hopes that China's powers-that-are would counter the slowdown in their economy with more stimulus measures - any stimulus measure - just turned into reality. Yes folks, Beijing's topping up last month's monetary policy ...

ASIC would "rarely" ban products

ALEX BURKE  |  MONDAY, 7 SEP 2015
ASIC would only ban products in "extreme circumstances" if its regulatory powers were expanded as per Financial System Inquiry recommendations, ASIC chair Greg Medcraft said. Speaking at the Banking and Financial Services Law Association conference ...

APRA trustee reforms, definition of independence yet to be finalised

ALEX DUNNIN  |  TUESDAY, 1 SEP 2015
... discussion paper. Given the definition of independence is central to these new practices, the paper states APRA will be given powers to rule on whether a trustee director is independent and whether a director is a 'fit and proper' person. In making such ...

Cbus opposes smaller super guarantee penalties

DARREN SNYDER  |  WEDNESDAY, 26 AUG 2015
... makes no attempt to discern small business from any other employer and offers nothing by way of increased resources or powers to the ATO to police the spiraling problem. As a part of announced changes, the SG charge will be simplified by aligning the ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
... further upheaval in the financial markets would, for sure and for certain, be eventually met with policy responses from the powers that are.

Super governance changes questioned

DARREN SNYDER  |  THURSDAY, 20 AUG 2015
... (APRA). The paper says "it is difficult to identify existing gaps or areas where APRA does not already have significant powers to step in if it identifies an area of concern." Industry Super Australia chief executive, David Whiteley, said the legal advice ...

Chinese whispers

BENJAMIN ONG  |  TUESDAY, 28 JUL 2015
... realms of the recent spike in volatility in the Chinese equity market we've seen over the past few months. Nothing China's powers that are couldn't handle. Even the VIX index - the "fear gauge" - is not perturbed. It rose from 13.74 last Friday to 15.60 ...

Government to review ASIC

ALEX BURKE  |  FRIDAY, 24 JUL 2015
... The review's scope is limited to providing "observations" rather than "recommendations on ASIC's regulatory framework or powers." Its panel currently comprises Productivity Commission commissioner Karen Chester as chair, as well as former Queensland ...

Super board changes could cost funds $20m a year

LAURA MILLAN  |  FRIDAY, 24 JUL 2015
... maker and a judge as well as jury," he added. "This is a serious breach of the rule of the law and gives APRA far greater powers than it currently has in other APRA-regulated industries, such as banking and insurance." The AIST said it supports the trustee ...

Singapore looks to Australia on risk reforms

ALEX BURKE  |  THURSDAY, 23 JUL 2015
... needs, suitability of product recommendations and professionalism. The reforms will also give Singapore's regulator further powers to "restrict licensed financial advisers from conducting non-financial advisory activities which conflict with their financial ...