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Showing 311 - 320 of 516 results for "Powers"

Still in the woods

BENJAMIN ONG  |  FRIDAY, 10 JUL 2015
... want to get wrong-footed by the regulator again. Or they don't want to get on the regulator's wrong foot. I'm sure China's powers that are know this and so would thread carefully - i.e., unwinding its market manipulating measures ever so slowly - as ...

From Greece's frying pan into China's fire

BENJAMIN ONG  |  THURSDAY, 9 JUL 2015
... protection, today's headlines are filled with stories about how the rapid fire of protection measures implemented by China's powers that are over the past few days have failed to stem the "panic", the "mayhem", the "meltdown", the "crash", the "chaos" ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... mechanism (ERM) - and other unifying experiments before that - the euro will be another failed experiment. The European powers that be don't want this - else they wouldn't have thrown bad money after bad money after good money on Greece. The very reason ...

Mocking Maastricht

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2015
... stood at 74.7%. Sure, Germany's budget deficit is now 0.7% of its GDP but it breached the 3.0% limit from 2003-2006. The powers that be (that includes Germany) let it get away with it. Why not Greece? Greek PM Tsipras' op-ed article in 'Le Monde' rings ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... would like to see in the future which have been recommended by the Financial System Inquiry, including giving ASIC greater powers to ban bad managers and executives. "We recognise it's not just the frontline advisers who are the people responsible for ...

Another cut's in the mail?

BENJAMIN ONG  |  TUESDAY, 24 MAR 2015
... assist it, and the Reserve Bank is doing that, and will continue to lend what support it can, within the limits of its powers and consistent with its mandate."...and also in the monetary policy statement of 3 March: "Further easing of policy may be appropriate ...

Abuse of reporting rules widespread: Medcraft

MARK SMITH  |  MONDAY, 23 MAR 2015
... when it's not." In his opening remarks Medcraft also said the regulator has served 10 notices on NAB using its compulsory powers and gathered "substantial information." "We are now looking at how NAB identified and then dealt with problem advisers. We ...

Medcraft addresses ASIC's NAB response

ALEX BURKE  |  THURSDAY, 26 FEB 2015
... Wealth's compensation to its advice clients. "We have started our information gathering from NAB Wealth using our formal legal powers. And the bank has been cooperative. ASIC has also initiated discussions with NAB Wealth about reviewing remediation ...

Twin Peaks model optimal for financial stability

ALEX BURKE  |  WEDNESDAY, 11 FEB 2015
... clear allocation of roles and responsibilities between regulators, coordination, transparency and accountability, effective powers of supervision and enforcement, operational independence from the government, a sound governance system and adequate resources. ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... managing their own retirement. The sector has also escaped the attention of the Financial System Inquiry. It seems the powers at be are content to allow SMSF investors to control their own affairs without too much probing from the regulator, but in return ...