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Showing 371 - 380 of 634 results for "Australian Prudential"

APRA accepts EU from former Trio director

CLAIRE MCGREAL  |  FRIDAY, 4 NOV 2011
The Australian Prudential Regulation Authority has accepted an enforceable undertaking from the remaining Trio Capital director David O'Bryen. Under the terms, O'Bryen will not act as a trustee or as a responsible officer of a body corporate that is ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
... will have a simple set of product features, irrespective of who provides them." The Bill requires that the Australian Prudential and Regulation Authority (APRA) approve of MySuper's central features, including its single, diversified investment strategy ...

DHS to takeover early super release on compassionate grounds

CLAIRE MCGREAL  |  FRIDAY, 28 OCT 2011
... the process under a service agreement since February. Before then, the administration was operated by the Australian Prudential Regulation Authority (APRA). The move to switch to the DHS first had to go through parliament, with legislation passed in ...

APRA executive appointed secretary general of Basel

CLAIRE MCGREAL  |  FRIDAY, 14 OCT 2011
... banking standard-setting body, the Basel Committee on Banking Supervision. Byres has been at the helm of the Australian Prudential Regulation Authority (APRA) as executive general manager, diversified institutions division for the past seven years and ...

Government publishes core elements of MySuper draft

MATT WOODINGTON  |  FRIDAY, 30 SEP 2011
... Superannuation Legislation Amendment (MySuper Core Provisions) Act 2011 is October 13, 2011. Earlier this week the Australian Prudential Regulation Authority published a discussion paper centred around improved governance among super funds, including ...

APRA lays plans to improve super governance

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Australian Prudential Regulation Authority will demand greater transparency on board selection, remuneration and manager selection and insist upon higher capital holdings among super funds. APRA, which is entitled to set prudential standards from ...

APRA drafts new super guidelines

ELISE BURGESS  |  TUESDAY, 13 SEP 2011
... facing changes after the regulator released two new draft guidelines on the legislative requirements. The Australian Prudential Regulation Authority (APRA) has released two draft Superannuation Prudential Practice Guides (SPGs) to replace existing APRA ...

Super growth static, public sector grows on Health Super merger

MATT WOODINGTON  |  FRIDAY, 9 SEP 2011
... payments and market losses caused almost $24 billion of contributions to go unrewarded. According to the Australian Prudential Regulation Authority (APRA), Industry funds suffered a 2.9% drop in assets during the three months, down $7.6 billion to $249.7 ...

Trio directors accept APRA suspension

ELISE BURGESS  |  FRIDAY, 9 SEP 2011
... differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The Australian Prudential Regulation Authority (APRA) accepted the enforceable undertakings (EU) from the former Trio director's yesterday and ...

Smaller lenders to take brunt of Basel III reforms

MATT WOODINGTON  |  THURSDAY, 8 SEP 2011
... building societies are likely to be hardest hit by the Basel III capital reforms, said PwC, following the Australian Prudential Regulation Authority's release of a discussion paper on the subject. APRA issued the consultation document outlining its proposed ...