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Showing 371 - 380 of 979 results for "Financial System"

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
... number of issues that have affected the reputation of the bank," Byres said. "Given its position in the Australian financial system, it is critical that community trust is strengthened. A key objective of the inquiry will be to provide CBA with a set ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
... number of issues that have affected the reputation of the bank," Byres said. "Given its position in the Australian financial system, it is critical that community trust is strengthened. A key objective of the inquiry will be to provide CBA with a set ...

ASIC flags stronger adviser surveillance

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2017
... products and service delivery models. The regulator highlighted the risks resulting from structural changes in the financial system through market-based financing which is driven by growth in superannuation is something it will also closely keep an eye ...

Uniformity required to combat cyber threats

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2017
... management strategies that will be able to maintain trust and enhance their competitive edge to retain customers. "The financial system relies on confidentiality of data, protection of deposits, and provision of critical services. All of this has come ...

FinaMetrica merges with global software provider

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2017
Australian-based risk specialist FinaMetrica has merged with a Canadian investment and financial planning software provider. Having already collaborated for more than a decade, Toronto-based PlanPlus and FinaMetrica, under the umbrella of PlanPlus Global ...

Labor unyielding on banking Royal Commission

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2017
... vote in the House of Representatives. "I am not proposing another full blown inquiry into the operation of our financial system - this was done recently - but that the Royal Commission deal with developments in financial regulation more broadly, and ...

APRA sets new capital target for the big four

ALEX BURKE  |  WEDNESDAY, 19 JUL 2017
... the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry. By 1 January 2020, the big four will need to achieve a CET1 capital ratio of at least 10.5%. APRA said this represents ...

RG 133 review reveals poor compliance

EMMA RAPAPORT  |  THURSDAY, 22 JUN 2017
... remain a priority. "Responsible entities and custodians play a crucial role in ensuring the overall health of our financial system. Their conduct influences levels of investor trust and confidence." "The custody - or safekeeping - of assets is a critical ...

Banks narrowly avoid parliamentary inquiry

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
... The ACCC will also receive $13.2 million over the next four years to complete regular inquiries into specific financial system competition issues - a recommendation of the House of Representatives Standing Committee on Economics' Review of the Four Major ...

ASIC boosts support for regtech

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2017
... entities in Australia under international pressure from the Financial Action Task Force (which monitors the global financial system against illegal activity). The entities are being requested to broaden their rules to accommodate the Taskforce, including ...