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Showing 21 - 30 of 101 results for "Financial Regulators"

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... fraudulent transactions, such as fraud information exchanges," Treasury said. In addition, the Council of Financial Regulators' cybersecurity working group will examine and report on options to further improve the ability of financial institutions to ...

RBA names new deputy governor

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... saying the government is looking forward to working with her. Bullock is also a member of the Council of Financial Regulators and works extensively with APRA, ASIC and Treasury. She replaces Guy Debelle who announced his resignation last month; he has ...

Government adds to FRAA leadership

JAMIE WILLIAMSON  |  TUESDAY, 15 MAR 2022
... Australia. "Through the establishment of the FRAA, the Morrison government is ensuring that Australia's financial regulators will continue to be strong and effective, maintaining the community's trust and confidence in the financial system," ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... During the hearing, Longo flagged that ASIC, together with the Reserve Bank of Australia, the Council of Financial Regulators and ACCC, will continue to closely monitor the ASX's CHESS replacement program, particularly now the program is in key testing ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... service providers on the issues of cyber readiness and operational resilience. Also, as part of the Council of Financial Regulators, APRA and ASIC have been developing a protocol to deal with the management of a cyber incident at a financial service ...

Super funds handed holdings disclosure win

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
... for superannuation Jane Hume said in a joint statement. "The Treasurer has therefore asked the Council of Financial Regulators (CFR) to prepare a report on this matter, drawing upon the information gathering powers of the Australian Prudential Regulation ...

Climate science skills needed in financial services

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... be developed swiftly and on a large scale." Whitehead referred to a recent statement from the Council of Financial Regulators and believes the use of scenario analysis quantifies the exposure of the financial system to climate-related risks, setting ...

Government to strengthen FMI

ANNABELLE DICKSON  |  WEDNESDAY, 9 JUN 2021
... introduce a regulatory reform package on Financial Market Infrastructure (FMI) following a review by Australia's financial regulators. The Council of Financial Regulators (CFR) consisting of APRA, ASIC, Treasury and the Reserve Bank of Australia (RBA) ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... regulator expectations. "We note that the guidance has been developed in consultation with other Australian financial regulators through the Council of Financial Regulators and APRA's international peers, which should give it further authority in ...