Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3291 - 3300 of 5260 results for "SCA"

ASIC user-pay model "eminently sensible": SEC veteran

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Adopting the industry funding model for ASIC will result in a much more efficient and less politically-motivated regulator, according to former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas. ...

Government boosts ASIC with $127m package

ALEX BURKE  |  WEDNESDAY, 20 APR 2016
Following industry speculation, the Turnbull Government has announced a $127.2 million reform package for ASIC. The announcement follows Labor's calls for a Royal Commission into the financial services industry, which both the Prime Minister and Treasurer ...

Australian system needs "substantial reassessment": SEC veteran

ALEX BURKE  |  TUESDAY, 19 APR 2016
In light of news about a potential Royal Commission, former assistant director of the division of enforcement at the US Securities and Exchange Commission Jordan Thomas has said Australia's financial system could benefit from "substantial reassessment." ...

NAB launches asset backed green bond

MARK SMITH  |  TUESDAY, 19 APR 2016
National Australia Bank (NAB) has launched Australia's first Green ABS securitisation transaction for FlexiGroup. It represents Australia's first Australian-dollar denominated, publicly offered asset-backed green bond and the world's first "Climate ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings. Hedge funds represent about 2.8% of NYCER's total US$51.2 billion ($65.9 billion). Hedge funds have faced ...

Royal Commission won't hit banks where it hurts

ALEX BURKE  |  FRIDAY, 15 APR 2016
Labor's proposed $53 million Royal Commission won't change big bank behaviour like losing market share to smaller competitors would, according to the Customer Owned Banking Association. COBA chief executive Mark Degotardi argued in a statement that ...

MSCI measures insto ESG exposure

DARREN SNYDER  |  WEDNESDAY, 13 APR 2016
Global index and research house MSCI has launched an MSCI ACWI Sustainable Impact Index alongside its MSCI ESG Sustainable Impact Metrics with the aim of allowing institutional investors to measure exposure to public companies whose products and services ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 13 APR 2016
IMF World Economic Outlook Another 3 months, another downgrade. In its April World Economic Outlook (WEO) update, the International Monetary Fund (IMF) has yet again revised down its global growth forecasts. The IMF now expects the global economy to ...

Regulators defended in calls for Royal Commission

DARREN SNYDER  |  MONDAY, 11 APR 2016
Prime Minister Malcolm Turnbull has defended industry regulators in the wake of Opposition Leader Bill Shorten's call for a Royal Commission in to the banking and financial services sector. At a doorstop interview in Sydney yesterday, Turnbull said ...

Super funds promote affordable housing ideas

DARREN SNYDER  |  FRIDAY, 8 APR 2016
Industry superannuation funds have put forward several financing models directed at addressing Australia's supply of affordable housing. In response to Treasury establishing an Affordable Housing Working Group, both industry super funds and banks have ...