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Showing 451 - 460 of 1611 results for "Prudent"

Court restricts Mayfair advertising

ELIZA BAVIN  |  MONDAY, 20 APR 2020
The Federal Court has restricted Mayfair 101 from promoting its debenture products and prohibited the use of specific words and phrases in its advertising. The order comes after ASIC made an application to the court for an interim injunction at the ...

Major regulatory efforts delayed

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
ASIC has been forced to delay several major pieces of its regulatory workload in order to effectively deal with the challenges of COVID-19. The corporate regulator has deferred several significant regulatory projects which were set to shake up financial ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... ensure that they instead use buffers and maintain capacity to continue to lend and underwrite insurance. "This includes prudent reductions in dividends, taking into account the uncertain outlook for the operating environment and the need to preserve ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... challenging for new entrants to succeed even under normal economic conditions, which is why APRA does not consider it prudent to license APRA-regulated entities at this time." The prudential regulator said it would continue to review its approach as ...

Super funds asked to model early release impact

KANIKA SOOD  |  TUESDAY, 31 MAR 2020
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation. The prudential regulator asked superannuation ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... are wise. "Are such mergers - motivated more by super's industrial relations legacy than by modern-day concepts of prudent risk management - to the benefit of their members?" The Assistant Minister sees the amalgamation of small industry funds covering ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... accountable. However, the banks are fully occupied in responding to the COVID-19 pandemic," Wilson said. "Therefore, it is prudent to defer the hearings until the situation improves. "The deferral of the hearings is dependent on the banks providing written ...

No new ASX 200 names this quarter

KANIKA SOOD  |  FRIDAY, 27 MAR 2020
... rebalancing costs than under more normalised market operating conditions. So at face value, S&Ps decision is probably prudent," he said. Yet the decision raises questions about the nature of index providers, who offer to track a set of companies chosen ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... other emerging markets, Patel said. "Governments and boards of companies are going to start questioning whether it is prudent to have such a large concentration of supply chains in one particular region or one particular country," he said. "Companies ...

APRA heat map update in doubt

HARRISON WORLEY  |  MONDAY, 23 MAR 2020
APRA's June update to the MySuper heat map is in question, as the prudential regulator suspends the majority of its supervisory and policy initiatives to zero in on the health of its regulated entities amid COVID-19. The prudential regulator has ...