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Showing 361 - 370 of 979 results for "Financial System"

APRA announces new executive general manager

EMMA RAPAPORT  |  MONDAY, 11 DEC 2017
... protect the financial well-being of the Australian community." "In particular, Therese's understanding of the financial system, and the inner workings of complex financial institutions, will help ensure APRA's strategies and supervisory practices remain ...

ASFA disappointed in Royal Commission scope

EMMA RAPAPORT  |  FRIDAY, 1 DEC 2017
... the conference that the Government couldn't find a compelling reason to "carve out a significant part of our financial system" - namely superannuation - from the inquiry. "The entire financial services industry must be able to stand up to scrutiny. That ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... fear-mongering about a banking inquiry" that is disrupting and risks undermining the reputation of Australia's financial system. They said in a joint statement: "Instead of the inquisition into capitalism that some have called for, the Royal Commission ...

APRA picks NAB veteran for senior hire

ALEX BURKE  |  WEDNESDAY, 15 NOV 2017
... activities, and a strong commitment to serving the Australian community by ensuring a sound and well-managed financial system." Adams will join on December 4; he replaces Ben Gully, who resigned and is returning to Canada. The new appointment follows ...

Less liquidity to lessen risk

BENJAMIN ONG  |  TUESDAY, 14 NOV 2017
... People's Bank of China (PBOC) as "a money-added concept, indicating total funds the real economy obtained from the financial system over a certain period of time" (or simply, a broad measure of credit and liquidity) - declined to CNY1.0 trillion in October ...

Impact Investment Group names new CEO

KARREN VERGARA  |  MONDAY, 13 NOV 2017
... better world." Impact Investment Group (IIG) chair Danny Almagor said Madhavan has deep experience in the existing financial system plus a clear vision for what is coming next - a humane economy driven by social responsibility and environmental sustainability. ...

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... Too Big To Fail, which chronicled Lehman's bankruptcy and the US Government's subsequent attempts to rescue the financial system.

White-collar crime penalties to skyrocket

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... corporations and employees guilty of misconduct, a review of its enforcement powers has found. The final paper of the Financial System Inquiry (FSI) is urging the Federal Government to give ASIC "stronger regulatory tools" to deal with misconduct that ...

Government names new ASIC chair

ALEX BURKE  |  TUESDAY, 17 OCT 2017
... forward to Shipton's "significant contribution to the important work of ASIC in promoting confidence in Australia's financial system and protecting consumer interests as the incoming chair." O'Dwyer also thanked Medcraft for his service, saying he "has ...

Regulatory costs unsustainable: FPA

KARREN VERGARA  |  THURSDAY, 28 SEP 2017
... compliance costs. In its submission to the Productivity Commission's inquiry on competition in the Australian financial system, the FPA raised concerns over the ever changing regulatory demands that's forcing some advisers to merge or sell their practices. ...