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Showing 31 - 40 of 54 results for "Council of Financial Regulator"

New Year, new APRA

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Like many of us do nearing the end of the year, APRA has taken time for some self-reflection and assessment, identifying three areas it needs to work on next year. APRA has released its 2018/19 self-assessment report to review its key performance indicators ...

RMBS scrutiny could be loosened in US

ELIZABETH MCARTHUR  |  WEDNESDAY, 13 NOV 2019
The US Securities and Exchange Commission (SEC) has issued a call for input from investors and market participants on the asset-level disclosure requirements for residential mortgage-backed securities (RMBS). SEC chairman Jay Clayton explained that ...

CFR, ATO report on SMSF borrowing arrangements

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
A new report by the Council of Financial Regulators (CFR) and the Australian Tax Office (ATO) has found limited recourse borrowing arrangements in SMSFs are not a risk to the financial system. The report by CFR and ATO was commissioned by the government ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
The Government will allow mortgage brokers to continue to collect trailing commissions on new loans with a review slated for three years down the line, Treasurer Josh Frydenberg said yesterday. The competition regulator and the Council of Financial ...

Future Fund appoints to board

KANIKA SOOD  |  MONDAY, 12 NOV 2018
Future Fund has appointed a former UBS global asset management chief as it renews the board of the $149 billion sovereign wealth fund, including topping up chair Peter Costello's term. Former UBS global asset management chief executive and chair John ...

Scrapping LRBAs would be detrimental to investors

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
A commercial property lender believes banning limited recourse borrowing arrangements in their entirety would be too heavy handed, saying critics often cite residential property spruikers to cast shadows. Thinktank chief executive Jonathan Street said ...

Ex-RBA Governor joins Macquarie

JAMIE WILLIAMSON  |  FRIDAY, 27 OCT 2017
Macquarie Group and Macquarie Bank will welcome a former Governor of the Reserve Bank of Australia to its boards next month. Glenn Stevens, who served as Governor between 2006 and 2016, will join both boards on November 1 as an independent director. ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
The ASX has updated its Cash Equities Clearing and Settlement Code of Practice to align with new Council of Financial Regulators (CFR) policy statements. In March the Federal Government asked CFR to prepare the policy statements to ensure the right ...

Brexit won't impact Australia greatly: Treasurer

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
The body representing Australia's top four financial authorities says the country is well placed to manage the economic and financial repercussions of Brexit. The Council of Financial Regulators (CFR) presented a report to the federal government earlier ...

Treasurer opens doors to ASX competition

ALEX BURKE  |  FRIDAY, 1 APR 2016
... competitive markets" are "fundamental to a vibrant 21st century economy," Morrison referred to the Council of Financial Regulator's Review of Competition in Clearing Australian Cash Equities, which made three key recommendations. The first was that the ...