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Showing 431 - 440 of 2882 results for "Standards"

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... and stakeholders. He emphasised the company's imperative to devise a solution that not only adhered to regulatory standards and Islamic mandates but also meets consumer demands. "You don't want to create a product that meets regulatory and Islamic ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
... said. "... there's a reduction in experience in the majors. What that means is that the majors have to reduce their standards and make the box that the transactions need to fit within smaller and smaller over time, because the experience and capability ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... will come under the spotlight as the review proposes they should be "legislatively required to meet minimum qualitative standards when conducting compliance plan audits". For managed investment schemes that hold real property, the fact that they are ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
... November 2024 elections. Regarding the erosion of governance, Fitch believes there's been a steady deterioration in standards over the last 20 years, including on fiscal and debt matters. "The repeated debt-limit political standoffs and last-minute resolutions ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... costly for the financial firm, but that's getting less and less." Despite the number of advisers decreasing, the standards have inversely increased. From about 2018, when new education standards and the Code of Ethics were introduced, Singh said ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... interest because they show ASIC's appetite to take enforcement action against companies that fail to meet reasonable standards in managing cyber risks," he notes. And APRA regulations are now designed to make sure that financial institutions know what ...

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... of four PRA Fundamental Rules. "The firm's risk management oversight and practices fell well below the regulatory standards required," it said. "The failings were found to be symptomatic of an unsound risk culture within the business line that failed ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... first self-reported." "There was never any intention to mislead, but Vanguard recognises it has not lived up to the high standards it holds itself accountable to and apologises for the concern this matter may cause for our clients," the manager said. ...

ASIC continues to reprimand SMSF auditors

CHLOE WALKER  |  MONDAY, 24 JUL 2023
... conditions on three SMSF auditors for failing to satisfy fit-and-proper person requirements or breaches of auditing standards, independence requirements and registration conditions. Paul Barry, Stephen Funder, Bruce Jones, Gregory Leggett, and Malcolm ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... months, Barr said he engaged with a wide range of stakeholders to get a broad perspective on how the Fed's capital standards interact with each other. "In the midst of this review, we once again learned the importance of resilience when a sudden ...