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Showing 331 - 340 of 2879 results for "Standards"

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... approach focused on adjusting or recalibrating existing settings, there are exceptions, including reform of our prudential standards on governance over the next 12 months," he said. APRA internal restructure APRA also announced changes to its internal ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... ensure its acting in accordance with its fiduciary obligations lawfully at all times. "Our directors meet the requisite standards and all third-party payments - including those to the CFMEUQ - are made on commercial terms, aimed at maximising the value ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... also grants ASIC and the RBA greater licencing and supervision powers to strengthen clearing and settlement facility standards, equipping them with the tools to take decisive action to monitor, mitigate, and reduce market risks, he continued. "The new ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... cancel the licence," he said. Financial Advice Association Australia (FAAA) general manager of policy, advocacy, and standards Phil Anderson said the cancellation of Libertas' licence highlights the ongoing issues with listed companies walking away ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... reflected in the equal representation model." Schubert said the law requires all trustees to operate to the highest standards of governance and performance and there is no evidence that a change in the model is required. "Representative trustee governance ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... happened and how similar situations can be prevented in future." This comes after FAAA general manager policy, advocacy and standards Phil Anderson outlined the industry's biggest gripes with the collapse of Dixon Advisory and how it has been handled. ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... banks currently dominate credit provision in APAC, accounting for 79% of total credit, but their "conservative lending standards often fail to meet the diverse financing needs of many businesses." Preqin said this creates an opportunity for private debt ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... broadly," Constant said. "ASIC is not going to tell you who to have on your board, but whoever you have must deliver to the standards that members expect, in a way that is measurable and meaningful." Constant called on super funds to engage with their ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... the board is committed to acting in the best interests of members, affirming that "our directors meet the requisite standards" and all third-party payments are made on commercial terms, aimed at maximising value for members. "We don't waste members' ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2024
... climate Graham Winkelman said: "The investment in the Silva Carbon Origination Fund is aligned with BHP's integrity standards on carbon credits, which prioritises nature-based solutions and carbon removal." "BHP is actively pursuing structural greenhouse ...