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Showing 451 - 460 of 5945 results for "banks"

No escaping volatility: AMP

ANDREW MCKEAN  |  FRIDAY, 23 SEP 2022
At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... why we are doing that," Jones said. Jones was also questioned as to whether falling adviser numbers would see super funds, banks and insurers considered to provide some form of advice and plug the gap - something that has been proposed by Michelle Levy ...

Consultation opens on crypto regulation bill

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
... digital asset exchanges, custody services, stablecoin issuers, and instigates disclosure requirements for Chinese state-owned banks that facilitate e-Yuan in Australia. Bragg cited the government's inaction on digital assets as the reason why Australia ...

Lack of transparency hindering access to financial services: Survey

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
... LexisNexis Risk Solutions has revealed the results of its 2022 Financial Transparency and Inclusion Report, which surveyed banks, insurers and non-bank financial institutions across 13 countries and regions. According to the report, 69% of respondents ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... custodian said. It follows Braga's departure in December 2021. Since, the business' chief operating officer David Banks has also been serving as acting head of Australia and New Zealand. Cheever was most recently head of global services for Australia ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
APRA has outlined plans for its multi-year program to modernise the architecture of prudential standards for banks, insurers, and super funds. The program, which commenced last year, is intended to ensure the framework continues to underpin financial ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
APRA has begun consulting on new prudential standards to strengthen the financial crisis response of banks, insurers and superannuation trustees. The regulator said the two proposed standards are aimed at ensuring entities are prepared to deal with ...

RBA anticipated to lift the cash rate

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
... mid-2023." QIC chief economist Mathew Peter said: "The RBA is now committed to lowering inflation, as are most other central banks. The Jackson Hole pronouncements have given the RBA little choice other than to raise rates by another 50 basis points ...

Defensive equities strategies protect against downturn: Report

CASSANDRA BALDINI  |  MONDAY, 5 SEP 2022
... various forms are expected to hold up relatively well under inflationary conditions, the outcomes depend on whether central banks are able to engineer a soft landing," the report said. The report concluded while defensive strategies have proven their ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... liquidity risk management and reporting. At the time APRA Deputy Chair John Lonsdale said: "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR. While ...