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

Search Results

Showing 321 - 330 of 2805 results for "Regulation"

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...

Bell Asset Management looks to exit RE services

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... investors. The meetings are scheduled for March 14. Explaining the decision further, the asset manager said: "Changes to regulation and market practice have led BAM to form a view that future growth will be better supported by an independent responsible ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... I'm watching that with concern. It is not SMSF specific but it's finance-sector specific." Another piece of regulation - non-arm's length expenses (NALE) and non-arm's length income (NALI) of small APRA funds and SMSFs that is awaiting ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
AustralianSuper has urged for an 'account for life' superannuation reform to Treasury, in a bid to deliver a visionary retirement system. The super fund also advocated for the automation of Age Pension applications, a move that would enable an integration ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... laws are complex and their application highly fact-specific, such that one crypto product or service may be subject to regulation while another product may not. "It is also a timely reminder that while contractual terms and conditions are important ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... AI Tech & Policy Lead in Asia said that '2024 will be the year that we start to build sensible, safe, and expandable regulation around the use of AI technologies'," Longo said. "While I agree with the sentiment, statements like this imply that AI is ...

AI mania will underwhelm advice: Finura

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
"AI mania" will over-promise and underdeliver for financial advisers, while superannuation funds are tipped to give digital advice a boost, Finura Group's 2024 predictions reveal. In the latest Australian wealth tech predictions report, Finura highlights ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... is a good thing, because it encourages people to engage with their money." ESG leadership The Australian Prudential Regulation Authority (APRA) last year clarified that it expects super funds to demonstrate an understanding of ESG risks and opportunities ...

Family offices embrace outsourcing: Study

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
... increased outsourcing. According to the study, 92% of family office professionals reported increased budgets for outsourced regulation and compliance services in the last two years. However, some customers expressed dissatisfaction with the level of ...

Government proposes framework for clearing and settlement services regulation

ANDREW MCKEAN  |  WEDNESDAY, 17 JAN 2024
The government has released the Corporations and Competition (CS Services) Instrument 2024, a new legislative proposal aimed at regulating clearing and settlement (CS) services. The proposed instrument, issued under the authority of assistant treasurer ...