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Showing 351 - 360 of 557 results for "Supervision"

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 ...

Financial Wisdom and Count also subject to higher standards

LAURA MILLAN  |  THURSDAY, 23 OCT 2014
... Commonwealth Financial Planning and BW Financial Advice. The new standards apply to all advisers and licensee staff in supervision and monitoring roles. The transitioning to the new minimum standards starts today and will be completed by December 31 ...

Govt moves to repeal super payslip disclosure rules

JAMES FERNYHOUGH  |  THURSDAY, 16 OCT 2014
... period. A further complication is that, while the law in question - which is part of the Superannuation Industry (Supervision) (SIS) Act - was passed in 2010, no regulations were written to enforce it. This means the repeal of the law will not make any ...