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Showing 21 - 30 of 135 results for %22Council of Financial Regulators%22

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
The Financial Services Council (FSC) has released guidance setting industry expectations for net zero targets, the labelling of investment products and transparency of climate risk disclosures. On the guidance's creation, FSC chief executive Blake ...

FSC announces dual board appointment

CHLOE WALKER  |  MONDAY, 1 AUG 2022
The Financial Services Council (FSC) has appointed seasoned executives Renato Mota and Alison Telfer to its board. Collectively, the pair boast more than 40 years of experience in financial services. As chief executive of Insignia Financial, the FSC ...

Life Code update expands consumer protections

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
... surveillance. The updated Code follows consultation with industry, consumer groups and regulators, the Financial Services Council said. It is effective 1 July 2023, providing insurance with 12 months to make necessary changes to their processes to allow ...

Insurers to get new advocacy body

JAMIE WILLIAMSON  |  WEDNESDAY, 22 JUN 2022
Australia's life insurance industry will soon have a new peak body, the Council of Australian Life Insurers (CALI). Expected to launch later this year, CALI is the brainchild of a collective of life insurers who believe it is now time for the sector ...

Advice requirements confusing, complex: JAWG

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
... Accountants Australia and New Zealand, CPA Australia, Financial Planning Association of Australia, Financial Services Council, SMSF Association and The Advisers Association among others. As a group, the Joint Associations Working Group represents more ...

RBA names new deputy governor

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... her appointment on Friday, 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 ...

Government adds to FRAA leadership

JAMIE WILLIAMSON  |  TUESDAY, 15 MAR 2022
... member Craig Drummond. Crosbie is chair of Allens and recently chaired the Competition and Consumer Committee of the Law Council of Australia. "Through the establishment of the FRAA, the Morrison government is ensuring that Australia's financial ...

Biden signs executive order on digital assets

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... encourages regulators to ensure sufficient oversight and safeguard against systemic risks. The Financial Stability Oversight Council must also do the same. Among other things, the order directs the US government to take steps to study and support technology ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... and of ASIC," Longo said. 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 ...

ASFA names new chair

KARREN VERGARA  |  WEDNESDAY, 2 FEB 2022
... a non-executive director of the Australian Financial Complaints Authority and Hollard Insurance. He led the Insurance Council of New Zealand for four years is the former chief executive of Suncorp's Australian insurance business. Dransfield also ...