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

Search Results

Showing 331 - 340 of 539 results for "Supervision"

ANZ sets up $30m compensation program for advice clients

LAURA MILLAN  |  THURSDAY, 16 APR 2015
... range of measures to ensure this issue does not happen again. This includes improved training, technology, audit and supervision as well as including the documented annual review as an essential component of balanced scorecards for our financial planners," ...

Even simple funds pose risks: IMF

DARREN SNYDER  |  FRIDAY, 10 APR 2015
... on navigating monetary policy challenges and managing risks. Among the messages the IMF has called for "hands on" supervision with better data and oversight of an asset management industry that is playing a rising role in the financial system. Chief ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
... "substantial changes in management, business structure, surveillance and compliance, staff training, monitoring and supervision technology and licensee risk governance." However, the regulator has asked independent expert KPMG to undertake further testing ...

Twin Peaks model optimal for financial stability

ALEX BURKE  |  WEDNESDAY, 11 FEB 2015
... 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. At the same ...

ASIC imposes conditions on Guardian Advice

STAFF WRITER  |  WEDNESDAY, 7 JAN 2015
... regulator cancelled their licences in February 2013. ASIC wanted to ensure Guardian Advice had adequate monitoring and supervision processes to deal with these representatives. As of January 2015 Guardian Advice has 257 authorised representatives.

ASIC accepts EU from Victorian adviser

HARRY PAGE  |  THURSDAY, 11 DEC 2014
... he chose to re-enter the financial services industry after the one year period, he would have to work under strict supervision requirements for 12 months. PIS terminated the authorisation of O'Brien on 16 December 2013.

MetLife US proactive lobbying lesson for Aust

ALEX DUNNIN  |  TUESDAY, 9 DEC 2014
... MetLife alongside leading banks as a Strategically Important Financial Institution (SIFI) requiring extra prudential supervision. "[But] subjecting insurance companies to bank-centric capital rules would lead to higher prices for consumers and could ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
... should restore the general prohibition on direct borrowing by removing Section 67A of the Superannuation Industry (Supervision) Act 1993 (SIS Act), although the exception of temporary borrowing by superannuation funds for short-term liquidity management ...

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
... should restore the general prohibition on direct borrowing by removing Section 67A of the Superannuation Industry (Supervision) Act 1993 (SIS Act), although the exception of temporary borrowing by superannuation funds for short-term liquidity management ...

Highest paid execs in super revealed

JAMES FERNYHOUGH  |  THURSDAY, 6 NOV 2014
... document. In some cases, finding the information was very difficult. Under 29QB(1) of the Superannuation Industry (Supervision) (SIS) Act, it is stipulated that super funds must publicly disclose the remuneration of 'each executive officer' on its website ...